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Harris has criticized Trump’s tariff plans, calling them a “sales tax on the American people” in an interview with MSNBC, and claiming they would increase household costs by $4,000 a year.
Harris has also been critical of Trump's plans for new tariffs, likening them to a national sales tax that she said would add over $3,900 to a typical family budget, as companies that pay the ...
During her presidential campaign, Vice President Kamala Harris said Trump's proposed tariffs would "raise prices on middle-class families by almost $4,000 a year" although different studies put ...
Under the most optimistic outcome, Trump’s tariffs would generate as much as $2.5 trillion over 10 years, according to an estimate by the pro-business Tax Foundation.
Trump goes much further, proposing a 60% tariff on all Chinese imports and a universal 10% tariff on imports from all countries—radically high and broad tariffs not seen in the U.S. since World ...
Vice President Kamala Harris called former President Donald Trump's tariff proposals "a sales tax on the American people," in an interview with MSNBC’s Stephanie Ruhle.
Trump said the tariffs would be imposed due to Chinese theft of U.S. intellectual property. [126] Trump said his planned tariffs on Chinese imports would make the United States "a much stronger, much richer nation". [127] However, the steps toward imposing the tariffs led to increased concerns of a global trade war. [126]
Today, both Trump and Harris are facing calls, as Washington once did, for tariffs to protect budding or defense-critical sectors of the economy, like semiconductors or electric-vehicle batteries.