
US Treasury Secretary Janet Yellen has criticized former President Donald Trump's proposed tariffs-taxes plan, stating it would make life unaffordable for working-class Americans. In an interview with @ThisWeekABC, Yellen explained that the plan, which includes using tariff hikes to fund income tax cuts, would require tariffs well over 100%, significantly increasing costs for consumers and harming American businesses. She emphasized that these tariffs would apply to all trade partners, further raising consumer costs. She added that it was inappropriate to remove U.S. tariffs on China since they have not addressed U.S. concerns.
US Treasury Secretary Janet Yellen said former President Donald Trump’s proposed tariffs would raise costs for consumers and weigh on American businesses https://t.co/d3fYEcuKrt
US Treasury Secretary Janet Yellen said former President Donald Trump’s proposed tariffs would raise costs for consumers and weigh on American businesses https://t.co/B8XD67YrTs
Tariffs imposed by former President Trump will apply to all trade partners, increasing costs for consumers, says US Treasury Secretary Yellen.
