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Stock impact report

Trump tariffs could gross $800 billion in the next decade, CBO head says—but that doesn't account for the backlash [Yahoo! Finance]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Yahoo! Finance
Tariffs could lead to price increases, retaliation from other countries, and hamper the Fed's plans to cut interest rates. All of which means any increase in government revenue would come at a cost that may not be worth it. President Donald Trump issued a fresh round of tariffs on Wednesday as he continues his signature trade policy. The latest batch, which includes a 25% duty on all cars manufactured outside the U.S., comes ahead of an April 2 deadline for a series of earlier tariffs Trump had delayed. As the U.S. and its trading partners grapple with the market uncertainty caused by the administration's unorthodox trade policy, budget experts attempt to forecast their impact on the economy and the federal budget. A recent estimate from Congressional Budget Office director Phillip Swagel projects the current tariffs, excluding those set to kick in on April 2, would gross $800 billion in customs duties over the next 10 years. However, the net impact of that number on the feder Show less Read more
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