Opinion: Trump’s tariffs are all about financing U.S. tax cuts
- Posted on February 4, 2025
- By The Globe and Mail
- 3 Views
![](https://www.theglobeandmail.com/resizer/v2/22BUNI77AZHY3AWT6AJKGE22G4.jpg?auth=b747979d49f9810e28b6acd0ba84f6399faf4162ad594adb36a48a0692dc3945&width=560&quality=80)
Opinion: Trump’s tariffs are all about financing U.S. tax cuts
![](https://www.theglobeandmail.com/resizer/v2/22BUNI77AZHY3AWT6AJKGE22G4.jpg?auth=b747979d49f9810e28b6acd0ba84f6399faf4162ad594adb36a48a0692dc3945&width=560&quality=80)
Tax rates were temporarily reduced during the U.S. President’s previous administration; Trump wants to extend or make those tax cuts permanent