IMF says tariff revenue will reduce U.S. deficit from $2.6 trillion to $2.3 trillion — We need spending cuts, congress. Notice the final paragraph, bond market vigilantes will punish U.S. Treasuries.

The IMF projects the overall U.S. federal deficit will dip to 6.5% of gross domestic product this year, down from 7.3% in 2024 The multinational fund cited increased tariff revenues for the decline The IMF highlighted uncertainty surrounding the rollout …

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WHITE HOUSE: U.S. will not lower or remove tariffs on Chinese goods unless China makes some kind of reciprocal move… Leavitt: Trump won’t give up on fair trade practices. It’s not fair to say Trump is softening.

BREAKING: The White House press secretary says “there will be no unilateral reduction in tariffs against China.” Trump is putting the ball in China’s court. — The Kobeissi Letter (@KobeissiLetter) April 23, 2025 BREAKING: White House Press Secretary Leavitt right …

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