Tariff "boomerang" severely impacts finances! CBO confirms: Trump's tariffs result in a $200 billion gap, and the U.S. deficit will soar to $2.1 trillion by 2026.
According to Zhitong Finance APP, the U.S. federal governments expected windfall from tariffs is rapidly fading at an unprecedented pace. The U.S. Congressional Budget Office (CBO) admitted that the sharp decline in tariff revenue has created a $200 billion funding gap in this year's budget.
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