Donald Trump promotes tariffs to generate federal revenue while the CBO provides fiscal deficit estimates and studies tariff impact.
1 report, 1 independent
Updated Sep 9
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What happened
Donald Trump promotes tariffs to generate federal revenue while the CBO provides fiscal deficit estimates and studies tariff impact.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Trump's tariff plans are creating an uncertain macroeconomic backdrop, impacting the FED.Also in this story
- Tariffs are linked to manufacturing job losses.
- The Supreme Court limited presidential tariff authority while the Fed discussed the policy impacts of tariffs as bargaining chips.
- Trump pushes to remove FED members for his picks, while commodity strategy head Melek reports on market recovery and lower energy prices easing inflation.
- EU tariff reductions follow US trade threats.
The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Congressional Budget Office
government agency
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Federal Reserve Bank
regional bank of the U.S. Federal Reserve System
Related events
- Donald Trump uses tariffs as a mechanism to generate revenue for the government, which is then tracked.
- Trump's tariff plan caused markets to tank, impacting Donnelley Financial Solutions.
- Canadian officials, including Doug Ford, are lobbying against U.S. tariffs imposed by Donald Trump due to potential negative economic impacts.
- Trump's tariffs and FED policy are causing inflation concerns, boosting consumer discretionary stocks like Netflix and Ralph Lauren.
- Trump proposes tariffs on countries buying Russian oil and gas, while Fed policy affects global sentiment.