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Would Donald Trump’s taxes on trade hurt US consumers?

2024 Presidential Election,Donald Trump,Tariffs,Economy And Jobs,Taxes

From the Center
Analysis

Donald Trump has pledged to drastically increase tariffs on foreign goods entering the US if he is elected president again.

He has promised tariffs - a form of tax - of up to 20% on goods from other countries and 60% on all imports from China. He has even talked about a 200% tax on some imported cars.

Tariffs are a central part of Trump's economic vision - he sees them as a way of growing the US economy, protecting jobs and raising tax revenue.

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