Did Tariffs Just Score a Goal for the US Economy? Maybe Not! Messi Weighs In!

¡Vamos! Tariffs and the Deficit: A Tiny Victory?

Che the IMF says these new U.S. tariffs might actually help lower the fiscal deficit a little in 2025. A 'little' is like scoring a goal in training; it feels good but it's not quite the Champions League final ¿viste? They're saying the deficit might drop to 6.5% of GDP. But like when I miss a penalty there's a catch.

Growth and Inflation? ¡Ay Caramba!

Here's the thing though. While tariffs might help the deficit a bit they could also make the U.S. growth and inflation outlook worse. It's like trying to dribble past Virgil van Dijk – you might get past him once but eventually he's gonna win the ball. This 'intensifying trade war,' as they call it sounds more like a heated game against Brazil than a friendly kickabout.

Uncertainty: The Only Certainty

The IMF themselves admit this whole thing is 'highly uncertain.' It's like trying to predict where I'm going to pass the ball next. Even I don't always know! They're not even sure how much these tariffs will actually bring in or how much they'll hurt imports. Honestly it's as clear as a rainy night in Stoke.

The Debt Monster and the Interest Rate Game

And if the U.S. debt keeps climbing? Watch out! The IMF thinks it could push up interest rates. That's like putting extra weight on my ankles before a match. It's not going to help. They're talking about basis points and all sorts of financial mumbo jumbo. All I know is higher rates mean more cost and that's never a good thing even for a guy who doesn't pay his taxes like Ronaldo.

CNBC Pro LIVE: Will I be there?

Now CNBC Pro is having some event at the New York Stock Exchange. They're talking about experts and insights. Sounds like a good place to pick up some tips on managing my millions ¿no? Though I doubt they'll teach me how to score a free kick like I did against Liverpool...twice! Maybe I should show up and give them a masterclass. But I only want free ice cream.

Final Whistle: So What's the Score?

Look the whole situation is a bit of a mess. Tariffs might help the deficit a tiny bit but they could also hurt growth and inflation. It's like taking one step forward and two steps back. As always the ball is in the court of those in charge. Let's hope they don't miss the shot or we'll be in extra time.