Trump Tariffs Will Hurt Economic Growth, Boost Inflation, Raise Costs to Families, CBO Finds
Non-partisan Analysis Requested by Merkley, Schumer, and Wyden Finds Trump Tariffs Amount to a Regressive $2.5 Trillion Tax Hike WASHINGTON, D.C. – If the Trump tariffs remain in effect – in spite of a recent court ruling that they are illegal – they will slow economic growth, boost inflation, and