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with former President Donald Trump that his plan to impose historic new tariffs equates to a form of sales tax.. He has proposed harsh tariffs on China and floated the idea of 10% across-the-board tariffs.
“My opponent has a plan that I call the Trump sales tax, which would be a 20% tax on everyday goods that you rely on to get through the month,” Harris said. She also claimed that the tariffs would result in costs of $4,000 more per year for middle-class families. Most economists agree that tariffs are ultimately passed along to consumers through higher prices, which is where Harris’s point of attack comes from. She mentioned a “20% tax” — Trump has primarily floated the idea of 10% tariffs, but at least once, he mentioned the number being as high as 20%.
“We are going to have 10% to 20% tariffs on foreign countries that have been ripping us off for years; we are gonna charge them 10% to 20% to come in and take advantage of our country because that is what they have been doing,” TrumpThe $4,000 estimate appears to be on the high end of projections for Trump’s tariff proposals, which are still not clearly delineated.
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