"Trump Considers Tax Cuts to Offset Tariffs, Defends Trade Stance"

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Source: Yahoo Finance
"Trump Considers Tax Cuts to Offset Tariffs, Defends Trade Stance"
Photo: Yahoo Finance
TL;DR Summary

Former President Donald Trump defended his proposed 10% tariffs, suggesting that tax cuts could offset any resulting price increases for families and calling for an extension of his 2017 tax cuts. He also expressed interest in addressing entitlement programs, including potential cuts, and indicated a lack of concern about the use of cryptocurrencies. Trump's comments come as he emerges as the likely Republican nominee for the 2024 presidential election, with his tariff plan drawing attention and concerns about inflation.

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