US President Donald Trump Floats New Income Tax Cut in Bid to Ease Tariffs Impact
President Donald Trump proposes a new income tax cut plan aimed at easing the impact of tariffs, particularly for individuals earning less than $200,000. While defending his tariff strategy, Trump promises substantial tax reductions as revenue from tariffs increases. However, economists and public polls raise concerns about the long-term effectiveness of this approach. US Treasury Secretary Scott Bessent defends the administration’s economic policies amid rising concerns over market volatility and tensions with China. Will Trump’s proposed tax cuts and tariffs reshape the US economy?
#Trump #TaxCuts #USEconomy #Tariffs #Bessent #China#RepublicTV #RepublicTVLive #ArnabGoswami #Indianews #WorldNews #BreakingNews
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