The CBO projects Trump's tariffs could reduce the deficit by $2.8 trillion while his tax bill would add $2.4 trillion, but experts from across the political spectrum question whether the tariff revenue is sustainable.

President Donald Trump’s tariffs would cut the federal deficit by $2.8 trillion over a 10-year period, according to an analysis released by the non-partisan Congressional Budget Office. This deficit cut is almost the same as the amount added to the deficit by the One,

President Trump and Chinese President Xi Jinping held a 90-minute call on Thursday and agreed to resume trade negotiations amid an escalating tariff war, according to CNBC. Trump described the call as “very good” and said it led to a “very positive conclusion for both Countries" in a post on Truth Social.