The Congressional Budget Office (CBO) has estimated that Trump’s tariffs could significantly reduce the US deficit by $4 trillion over the next decade. This projection has been met with optimism by the Trump administration, which claims that the tariff strategy is recovering the national deficit more effectively than anticipated. However, the Committee for a Responsible Federal Budget (CRFB) warns that the nation’s finances have deteriorated and forecasts a potential national debt exceeding $53 trillion by 2035. Additionally, a recent report predicts that the US budget deficit could be $1 trillion higher than previously projected, raising concerns about the country’s fiscal health. Despite the promise of tariff revenues, analysts caution that economic growth may slow down as a result of these policies.