Trump asserts that tariffs are the answer to the $36 trillion national debt crisis.

President Trump has recently promoted the idea of tariffs as a tool to support the US economy. On social media, he stated that tariffs are responsible for creating "great wealth" for the country and revealed that they will be used to pay off the national debt. Trump: Tariffs will be used to pay off the national debt of 36 trillion dollars President-elect Donald Trump has proposed using tariffs to support policies implemented in efforts to repair the US economy of the upcoming government. On social media, he commented on the impact of tariffs on the accumulation of wealth and prosperity that the country achieved in the early 19th century. Replying to venture capitalist Marc Andreessen's post shows the percentage of federal tax in the total revenue, Trump declared: Customs duties, and customs duties alone, have created this great wealth for our country. Then we moved on to income tax. Furthermore, he stressed the use of funds collected from tariffs to finance the payment of the national debt of the United States. 'We have never been as wealthy as we are now. Tariffs will pay off our debt and MAKE AMERICA RICH AGAIN!', he concluded. Trump has mentioned the elimination of income tax to support tariffs, returning to the system applied in the 19th century. In October, at a meeting at a hair salon broadcasted by Fox, he also mentioned this topic: 'When we are a smart nation, in the 1890s... this is the time when the country is relatively wealthy. It has all kinds of tariffs. It has no income tax,' he evaluated at that time. Trump has threatened several countries by imposing high tariffs. He announced a comprehensive 10% tariff increase on China and 25% on imports from Mexico and Canada. However, not everyone agrees with the idea of replacing income tax, and there is also the risk of starting a trade war as countries retaliate by setting up unfriendly customs duties with the United States. China, Mexico, and Canada have hinted at these procedures, although the measures have not yet been implemented. DYOR! #Write2Earn #Write&Earn $BTC {spot}(BTCUSDT)

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