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Articles Posted in Impacts of Recent U.S. Tariffs on International Trade

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Congressional Budget Office (CBO) Update: Tariffs, Revenues and the Federal Defecit–What the Latest Numbers Show

An Update from the Congressional Budget Office. * INTRODUCTION: The Congressional Budget Office’s November 2025 update shows that rapidly changing tariff policies have significantly reshaped federal budget projections. As of mid November, the effective U.S. tariff rate is about 14 percentage points higher than a year earlier, and CBO now…

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