Tariffs, Deficits & the Economy: Evaluating the Fiscal Impact of the Trump Tariff Regime Through 2035

When the U.S. government imposes higher tariffs on imports, it sends ripples across every level of the economy — from global trade dynamics down to the consumer buying groceries. The trump tariff regime introduced under President Donald J. Trump in 2025 has sparked debates about its impact on national finances, economic health, and everyday living […]