Donald's liberation Day promise? Trump’s tariffs set to rake in $6 trillion, triple WWII tax hike and the biggest in U.S history, says White House aide
- Posted on April 1, 2025
- By Business News Today
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Donald's liberation Day promise? Trump’s tariffs set to rake in $6 trillion, triple WWII tax hike and the biggest in U.S history, says White House aide
White House advisor Peter Navarro claims Trump's upcoming tariffs could generate $6 trillion over a decade, dubbing them tax cuts for the middle class. Economists are skeptical about the true impact on American consumers and businesses as the administration prepares for new tariffs, including a 25% levy on imported cars.
