Mirage of tariff tax cuts
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Mr Navarro claimed that these levies would raise $6trn over the next ten years.
From The Economist
President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades.
From SFGate
President Donald Trump’s top advisers have presented him with plans to apply new reciprocal tariffs, and the president will select among them for his “Liberation Day” announcement Wednesday, the Whit...
From CNN
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President Donald Trump's allies are launching an effort to encourage Congress to quickly approve an extension of 2017 tax cuts due to expire at the end of the year to jolt the economy.
Trump administration economic officials had mixed message for consumers Sunday: Tariffs won't raise prices, but even if they do you'll be fine when we cut taxes. Why it matters: The administration is gambling an increasingly unhappy consumer will eat a few months of worsening conditions for the promise of something better down the road.
Campaign promises of lower taxes from all the major parties will weaken the government’s ability to respond to current threats and future crises, say observers.
8don MSNOpinion
We are a veteran and a school teacher. We have served our nation and community. Our kids deserve better than politicians selling out our healthcare. | Opinion
Poilievre has promised to pay for it by cutting “waste,” eliminating bureaucracy and contracts with consultants and bringing in a rule that any new spending needs to be offset by spending cuts of the same size. He has also vowed to cut foreign aid and stop what he called “handouts to insiders.”
White House adviser Peter Navarro has a wild theory about President Donald Trump’s tariffs, which have roiled the markets and rankled the United States’s trading partners over the last month. In an interview with Fox News Sunday,
Trump has repeatedly said he will announce details Wednesday for his plan to slap tariffs on countries around the world.