Trump Considers Revolutionary 'All Tariff Policy' to Replace Income Tax. Critics Warn of Potential Impact on Ordinary Americans

Donald Trump discussed imposing an "all tariff policy" that would eliminate the need for income tax in the US and replace it with tariffs on imports in a private meeting on Thursday. He believes tariffs could be used as a negotiating tactic to leverage power over countries viewed as "bad actors." Donald Trump is considering a more protectionist trade policy if he wins the election. Critics argue a tariff-based system would disproportionately impact lower and middle-income Americans through higher costs of imported goods. Trump's comments came during a meeting with Republican lawmakers on Capitol Hill, his first return since the Jan 6th 2021 insurrection.