#特朗普税改 Below are the core contents of Trump's 2025 tax reform plan:

- Tariff adjustments: On April 2, 2025, local time, Trump announced a 10% "baseline tariff" on all countries and personalized higher "reciprocal tariffs" on countries with the largest trade deficits with the United States. For example, the cumulative tariff on China could reach 104%, Vietnam 46%, Cambodia 49%, etc. At the same time, some products may be exempt, such as steel and aluminum products subject to specific tariff constraints, automobiles, and items like copper and pharmaceuticals.

- Income tax adjustment proposal: The plan aims to reduce the tax burden on middle and low-income families through tariff revenue, which could significantly reduce or even eliminate federal income tax. However, there have been no specific details released about the income tax adjustment plan, such as how tax rates will change or whether tax brackets will be adjusted.