Donald Trump, poised to be the 47th President, promises economic reforms to revive the U.S. economy if elected again.
Trump proposes tariffs of 10%-20% on imports, with as high as 60% on Chinese goods, to protect American jobs and reduce dependency on foreign goods.
He plans to cut taxes on tips and Social Security benefits, and lower the corporate tax rate to stimulate growth and boost American businesses.
Trump claims these tariffs won’t increase consumer prices, asserting that foreign producers, not Americans, will bear the cost.
While his plans support U.S. industries, critics warn they could lead to trade wars, higher consumer prices, and inflation.
Trump's proposals aim to strengthen domestic production, but the long-term effects remain uncertain. Will they truly revive the U.S. economy?
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