#TrumpTaxCuts

On Sunday, U.S. President Donald Trump said that the broad tariffs he imposed could help him reduce income taxes for individuals earning less than $200,000 annually, amid rising public concern over his economic agenda.

Trump had previously argued that the revenues from the tariffs could replace income taxes, although economists have questioned these claims, according to Bloomberg.

On Sunday, Trump said on his social network "Truth Social": "When the tariffs go into effect, income taxes for many people will be significantly reduced, and may even be completely eliminated. The focus will shift to those earning less than $200,000 annually."

In just a few weeks, the tariffs