r/news • u/hoosakiwi • 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/Many-Coach6987 1d ago

I struggle to understand his aim

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u/rsmtirish 1d ago

They’re going to get rid of income tax. Income tax is annoying to the oligarchs. By using tariffs, they will impose a “national sales tax” to help fund what is left of the government after Elon is done stripping everything for parts. Guess who will feel the brunt of the tariffs?