According to a CBO report, the U.S. could reduce its federal deficit by an astounding $4 trillion over the next decade, thanks to tariff hikes that could generate $3.3 trillion in revenue plus $700 billion in interest savings. As of August, U.S. customs duties surged to new highs, surging 16.7% on average, with monthly collections hitting record figures.
This unprecedented revenue flow has governments and analysts in India, Bangladesh, and Nepal recalibrating trade expectations and budget models in light of shifting U.S. policies.
