Trump promotes raising tariffs, corporate tax cut in battle over economy with Harris

By Jacob Fischler, Ashley Murray | AZ Mirror

Former President Donald Trump said Thursday he would protect American industries if he is reelected by increasing tariffs on imports while cutting other taxes and regulations, in a speech to the Economic Club of New York.

The GOP presidential candidate’s remarks came as the economy has taken center stage in the run-up to the 2024 presidential election. Both Trump and the Democratic nominee, Vice President Kamala Harris, have criticized a ballooning national deficit, high housing costs and increasingly expensive groceries.

In a wide-ranging speech that also framed his hardline immigration position in economic terms and blasted Harris for what he said were the policy shortcomings of the Biden administration, Trump laid out several planks of an economic platform focused on corporate tax cuts and protectionist policies that he predicted would boost domestic manufacturing.

“Some might say it’s economic nationalism,” he said. “I call it common sense. I call it America First … We have to take care of our own nation and our industries first.”

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