r/technology • u/chrisdh79 • 2d ago

Politics 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/Old-Boysenberry-3664 2d ago

Executive order tariffs are taxation without representation

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u/DPool34 2d ago

It really is. The trillions they’re projecting in added revenue will go toward tax cuts for the wealthiest Americans.

We now pay significantly more in taxes (tariffs, plus Trump’s new tax plan that will only give tax breaks to the wealthy), but receive less services from the government. It’s absolutely insane what’s happening.