WASHINGTON (AP) — President Donald Trump’s tariff policy, immigration crackdowns and sweeping tax and spending law are expected to increase jobless rates and inflation and lower overall growth this year before they improve next year, according to a new report from the nonpartisan Congressional Budget Office.

The CBO on Friday released new economic projections for the next three years, updating the outlook it originally released in January, before Trump's inauguration.

The latest figures, which compare fourth quarter changes, show the unemployment rate, inflation and overall growth are expected to be worse this year than initially projected, while the economic picture is expected to steady in subsequent years. The White House did not immediately comment on the CBO update.

The CBO outlook

See Full Page