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News@lemmy.world · 5 months ago

Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

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Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

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News@lemmy.world · 5 months ago

Trump also talked about using tariffs to leverage negotiating power over bad actors, a source told CNBC.

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5 months ago
Yes… that’s literally the point? Tariffs both support existing local producers and are an incentive to move production local.

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