Comerica's Bill Adams said tariffs will be a headwind to U.S. economic growth, but an economic slowdown is more likely than contraction, the Internet reported. The impact of the tariffs will be partially offset by tax cuts being discussed in Congress. He believes that overall fiscal policy by 2026 "will support economic growth beyond financial market expectations." Much also depends on whether tariffs are considered permanent or can be lifted based on negotiations with U.S. trading partners. The real economic risk is that other countries start to follow the example of the United States in raising tariffs.