Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the University of Chicago’s business school was that Mr Trump’s levies would raise inflation in 2025 by 0.

Trump's controversial tariff policies will shrink the size of the US economy and lead to rising inflation according to a recent report from the nonpartisan CBO. The post Trump Tariffs Will Shrink Economy and Increase Inflation Per Damning CBO Report first appeared on Mediaite.

President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of hou