Former US President Donald Trump has proposed a tariff-driven tax overhaul, suggesting eliminating income taxes and replacing them with tariffs on imports. According to Trump, this plan would prioritize protecting American jobs and industries. However, critics argue that the proposal could result in significant revenue losses and lead to an expansion of the federal deficit.

Source: https://www.wionews.com/business-economy/donald-trump-advocates-tariff-driven-tax-overhaul-771318