Learn more

Former President Donald Trump, whose controversial view on raising tariffs on China was recently vindicated after President Joe Biden kept the levies intact, is now looking at an old-school use of tariffs. The presumptive Republican nominee has called for tariffs – or taxes on goods imported into the U.S. – as a way to replace the federal income tax. On Sunday, the website Conservative Brief reported that Trump, if elected, would seek an “all tariff policy” as a substitute for the income tax. The outlet cited a recent report by CNBC, which quoted unnamed Trump aides who were familiar with the …

cuu