Trump: Foreign Tariffs Will Replace Income Tax, Relieve Americans' Burden

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Trump: Tariffs to Replace Income Tax, Ease Burden on Americans

US President Donald Trump. (File Photo: Reuters)

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News18•25-02-2026, 09:03

Trump: Tariffs to Replace Income Tax, Ease Burden on Americans

•Donald Trump proposes tariffs paid by foreign countries will replace the current income tax system.
•He claims this shift will significantly reduce the financial burden on American citizens.
•Trump criticized the US Supreme Court's decision to block his global tariffs, calling it "unfortunate."
•He asserted that markets are rising due to tariffs and that foreign countries are content with the deals.
•Trump also criticized Democrats on immigration and high prices, while highlighting a $6.25 billion pledge from Michael and Susan Dell.

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