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TPC: Trump Tariffs Would Raise Household Taxes And Slow Imports

By Forbes   |   Aug 15, 2024 at 04:27 PM EST
TPC: Trump Tariffs Would Raise Household Taxes And Slow Imports

The Tax Policy Center analyzed proposed tariffs by Trump and current tariffs by Biden. Trump's plan of 10% worldwide and 60% Chinese tariffs could reduce US household incomes by $1,800. Biden's modest tariffs have little impact on income.

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