2025.04.23 13:54 GMT+8

Are tariffs the answer to all of America's problems?

Updated 2025.04.23 13:54 GMT+8
CGTN

U.S. President Donald Trump is betting big on tariffs – not just as a trade weapon, but as a one-stop solution to overhaul America's economy, plug its budget deficit, bring manufacturing jobs home, and even pressure foreign nations on issues like the fentanyl crisis and illegal immigration. His vision? A "tariff-first" strategy where higher import taxes would directly fund government spending, incentivize domestic production, and force concessions from trading partners. But an expert warns that the financial burden will inevitably land on American households. The question is: Will voters notice the trade-off before it's too late?

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