Home Business Sen. Tim Kaine says Trump’s tariffs could reduce federal debt, but at what cost?

Sen. Tim Kaine says Trump’s tariffs could reduce federal debt, but at what cost?

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U.S. Sen. Tim Kaine (D-VA) (L) speaks alongside Senate Minority Leader Charles Schumer (D-NY) at a press conference at the U.S. Capitol on April 02, 2025 in Washington, DC.

NPR's Steve Inskeep speaks with Sen. Tim Kaine, D-Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the economy.

(Image credit: Kevin Dietsch/Getty Images)

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