Former President Donald Trump said in a lengthy interview with podcaster Joe Rogan published Friday night that he would seek to use tariffs to potentially eliminate income taxes.
Trump, who enacted tariffs on steel and aluminum in 2018 while president, spoke with the podcaster for nearly three hours. episode The Joe Rogan Experience. Logan asked President Trump if he was “serious” about introducing tariffs to offset the income tax repeal. (Related: ‘He saved the steel industry’: Steelworkers in key battleground states explain why they support Trump)
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“The most beautiful word to me — and I’ve been saying that in Dictionary Today for the past few weeks — is the word tariff,” Trump told Logan. “It’s more beautiful than love, more beautiful than anything, that’s the most beautiful word. This country can become rich if it uses tariffs properly.”
President Trump has said he will impose a 200% tariff on John Deere’s tractors if it closes its U.S. factories in September and moves production to Mexico.
“Did you just come up with the idea of abolishing the income tax and replacing it with a tariff?” Logan asked. “Did you mean it?”
“Why not?” Trump responded. “In the 1880s and 1890s, when our country was relatively the wealthiest, the president who was assassinated, McKinley, was a tariff king. He spoke beautifully about tariffs. His words were truly beautiful. We will not allow the enemy to come in and take our jobs, take our factories, take our workers, take our families, unless they pay a heavy price, and the big price is tariffs.” (Watch the Daily Caller documentary “Cleaning Up Kamala”)
Vice President Kamala Harris has argued in ads and speeches that Trump’s plan to impose tariffs would act as a “national sales tax” and cost American families $4,000 a year in higher prices, according to Wall Street.・The Journal reported. reported.
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