CIS News Studio 1s World News | CISNewsStudio1s
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Ahead of President Trump’s major tariff announcement, the White House is promoting claims that his import taxes will generate billions. Trade adviser Peter Navarro estimates $700 billion annually from tariffs, promising tax cuts for middle-class Americans. The administration is considering a 20% tariff on all imports, sparking concerns over rising prices and economic impact. As the stock market reacts, critics argue that American families may bear the costs. The full details of Trump’s “Liberation Day” plan remain unclear ahead of Wednesday’s Rose Garden event.
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