The economic strategy of former President Donald Trump, under the 'America First' banner, utilized tariffs as a key tool. While aimed at protecting U.S. manufacturers, tariffs were also seen as a means to generate federal revenue.

Trump has repeatedly teased the notion of linking his tariffs with major income-tax cuts, floating a huge change in how the government raises revenue and offering voters worried a

President Donald Trump suggested Sunday that his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda.