USA 2024: Trump wants to get tougher with tariffs
As the candidates in the U.S. presidential election make their final economic pitches to the American public, Donald Trump is leaning heavily on a familiar policy: tariffs. According to him, tariffs could be used not only to influence policies with trading partner nations but also to generate enough revenue to offset major tax cuts, potentially even replacing the U.S. federal income tax altogether. Details with Bryan Quinn.
As the candidates in the U.S. presidential election make their final economic pitches to the American public, Donald Trump is leaning heavily on a familiar policy: tariffs. According to him, tariffs could be used not only to influence policies with trading partner nations but also to generate enough revenue to offset major tax cuts, potentially even replacing the U.S. federal income tax altogether. Details with Bryan Quinn.