Trump floats ‘all tariff policy’ to replace income tax, sources say

[Pelican Press 0]

Trump floats ‘all tariff policy’ to replace income tax, sources say

*********** presidential candidate, former U.S. President Donald Trump speaks during his campaign rally at Sunset Park on June 09, 2024 in Las Vegas, Nevada. 

Brandon Bell | Getty Images

Donald Trump on Thursday brought up the idea of imposing an “all tariff policy” that would ultimately enable the U.S. to get rid of the income tax, sources in a private meeting with the *********** presidential candidate told CNBC.

Trump, in the meeting with GOP lawmakers at the Capitol Hill Club in Washington, D.C., also talked about using tariffs to leverage negotiating power over bad actors, according to another source in the room.

The remarks show Trump, who championed tariffs as a foreign policy multi-tool during his first term in office, is considering a drastically more protectionist trade agenda if he defeats President Joe Biden in November.

Trump’s swing through Capitol Hill to meet with

This is the hidden content, please

• Sign In
• or
• Sign Up

marked his first return to the area since Jan. 6, 2021, when the then-president urged his supporters to march to the U.S. Capitol to protest his 2020 loss to Biden.

Trump was later impeached in the House for inciting the violent mob that stormed the Capitol and temporarily halted the peaceful transfer of presidential power.

Read more CNBC politics coverage

This is breaking news. Please check back for updates.

This is the hidden content, please

• Sign In
• or
• Sign Up

******* States,Government and politics,Trade,Politics,Breaking News: Politics,Elections,Donald Trump,Donald Trump,Joe Biden,business news
#Trump #floats #tariff #policy #replace #income #tax #sources

This is the hidden content, please

• Sign In
• or
• Sign Up