Trump’s Tax Stimulus Set to Keep US Economy on Track in 2026

After a year of rolling policy shocks, the US economy is set to get a lift from President Donald Trump’s tax-cuts package to keep the expansion on track in 2026.

American taxpayers will get bigger refunds in the first half of this year as a result of Trump’s signature bill, economists say, with estimates for the aggregate boost ranging from $30 billion to $100 billion. Incentives for companies to invest in plants and equipment are also likely to bolster growth, while lower borrowing costs and steadier trade policy should help too.

Still, forecasters see grounds for caution. Any burst ...