#TrumpTaxCuts

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

Trump had previously argued that the revenue from 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 eliminated entirely. The focus will be on individuals earning less than $200,000 a year."

In just a few weeks, the tariffs imposed by Trump have disrupted the global economy, raised concerns about rising prices for Americans, and triggered warnings that his policies could lead to an economic recession.

A poll conducted by CBS News and published on Sunday showed that 69% of Americans believe the Trump administration has not been focused enough on lowering prices. Additionally, Trump's approval rating regarding his handling of the economy in the poll dropped to 42% from 51% in early March.