Trump's new tax proposal aims to appeal to Detroit by making interest payments on car loans tax-deductible, while also touting drastic tariffs on imports, particularly from China. His rhetoric suggests a focus on aggressive economic nationalism.
With claims of imposing tariffs as high as 150% on Chinese goods, Trump is escalating his trade rhetoric, raising concerns among Wall Street supporters who believe he may be exaggerating for negotiation leverage. His unyielding stance reflects a commitment to American manufacturing.
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