What the Markets Are Missing in a Painful Stock Selloff Triggered by Tariffs
Big, beautiful tax cuts could offset any tariff increases, making the import levies a net positive for the economy.
President Trump has predicted that his tariffs could raise as much as $6 trillion over the next decade in federal tax collections. These include up to 104 percent tariffs on China, plus the combination of reciprocal tariffs â we charge them whatever they charge us. Also, donât forget the protectionist tariffs on steel, aluminum, autos, lumber, etc.
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