
Trump Tariffs Biggest Tax Hike US Has Seen
Donald Trump has raised taxes on Americans hugely. Trump tariffs biggest tax hike US has seen. 25% tariffs on imported cars. 25% on Canadian and Mexican goods. 20% on Chinese goods. And more to come. These tariffs mean higher prices paid by ordinary Americans. Thus, tariffs are taxes paid by Americans. So much for the GOP being supposedly a political party committed to lower taxes. Get ready for the return of high inflation and prices rising across the board. Joe Biden and the Democrats spent 4 years getting the economy back under control after the ravishes of the global pandemic only to see the Trump wrecking ball stuff it all up again.
Economics Fresh Politics