Stocks and Investing Stocks and Investing

Trump says he can't guarantee tariffs won't raise US prices and promises swift immigration action


Published on 2024-12-08 15:00:48 - MSN
  Print publication without navigation

  • Donald Trump said he can't guarantee that his promised tariffs on key U.S. foreign trade partners won't raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned.

In a recent interview with Time magazine, former President Donald Trump discussed his economic and legal strategies should he return to office. Trump acknowledged that his proposed tariffs on imports could potentially increase prices for U.S. consumers, stating he could not guarantee that prices would not rise. He suggested that these tariffs might be offset by tax cuts, although he did not provide specifics on how this would be achieved. Additionally, Trump did not rule out the possibility of prosecuting his political adversaries, hinting at "revenge prosecutions" if he were to win the presidency again. This stance comes amidst his own legal battles, where he has been indicted on 88 felony counts across four cases, which he claims are politically motivated. His comments reflect a continuation of his aggressive trade policies and a potential escalation in the politicization of legal actions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/trump-says-he-can-t-guarantee-tariffs-won-t-raise-us-prices-and-won-t-rule-out-revenge-prosecutions/ar-AA1vueEv ]