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Are Trump’s Tariffs Funding His Tax Cut Agenda? A Closer Look at the Winners, Losers, and the Global Ripple Effect
By Aysha Thasneem | March 07, 2025
Reading Time: 6 minutesPresident Donald Trump’s second-term economic plan has prominently featured two interlinked ideas: extending or expanding his signature tax cuts and imposing higher tariffs on a wide range of imported goods. Historically, tariffs have contributed only a small share of the federal budget, yet the administration has argued that dramatically increasing these import duties could help […]
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