This is a very effective combination of measures. The premise for stabilizing employment and increasing consumption is to allow workers to keep more money in their hands, unlike in China, where workers should not have money in their hands 😂

Trump's statement is quite interesting. Some friends might remember that I previously mentioned that Trump's trump card is tax cuts. Now Trump has linked tax cuts with tariffs, which probably means using tax cuts to balance the inflation caused by tariffs, and it might even be a complete tax exemption, of course, this only applies to individuals with an annual income below $200,000.

He also believes that many companies are providing significant investments in the U.S. to reduce tariffs, which brings many new job opportunities, and this can also lower the unemployment rate.

PS: Can I interpret Trump's meaning that Americans with an annual income below $200,000 are considered low-income groups?

In reality, that's not the case. Traditionally, the low-income group in the U.S. usually refers to individuals earning between $30,000 and $50,000 annually. However, Trump's statement indeed sets the line at an annual income of $200,000, artificially expanding the definition of the middle and lower-income groups for political maneuvering. This allows more people (actually including upper-middle-class individuals, such as those earning between $100,000 and $200,000) to enjoy the benefits of tax cuts while gaining voter favor.

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