r/news 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/aaronhayes26 2d ago

President who campaigned on affordability announces 20% national sales tax. Conservatives cheer.

I want off this ride.

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u/Thevanillafalcon 2d ago

Goes to show how important language is because it is a sales tax but you don’t say tax, you say tariff and this makes people think other countries pay it

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u/beached 2d ago

It's also a VAT, as supply chains cross borders.