Trump Aims for Tax Cuts
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higher tariffsCBS News
•Business
Business & Economics
Will Trump's tariffs really lower your taxes? Here's what tax experts say.

82% Informative
Tariffs are already kicking in, with import duties of 145% or more on imports from China and 10% on goods shipped from almost every other nation.
There is " zero chance" Congress would eliminate income taxes for a large swath of the U.S. population, expert says.
Mr. Trump 's move lifting the effective U.S. tariff rate to its highest since 1943 reflects conflicting aims, experts say.
The president has said he wants to use tariffs to secure better trade deals with other nations.
Yet reaching new trade pacts with lower tariff rates would undercut the president's goal.
VR Score
86
Informative language
85
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67
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English
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