Replacing taxes with tariffs: Donald Trump reimagines trade policy by making America the 1790s again

New US president wants to shift government’s revenue burden from income to imports

Donald Trump is sworn in as the 47th President of the US by chief justice John Roberts as Melania Trump holds the Bible.
Donald Trump is sworn in as the 47th President of the US by chief justice John Roberts as Melania Trump holds the Bible.Photo: Scanpix
Published 21 January 2025, 09:54Updated 22 January 2025, 11:47
Donald TrumpUSTariffs