Former President Trump proposed raising tariffs to address US childcare costs, with economists warning of potential harm to the economy.

During a recent speech, former President Donald Trump proposed increasing tariffs on foreign imports as a solution to rising childcare costs in the U.S. He argued that these tariffs would generate significant revenue to support his economic agenda. However, economists warn that such tariffs could lead to higher consumer prices and potentially harm the economy. Trump's running mate, JD Vance, suggested easing regulations for childcare providers, but specific legislative plans were not detailed.

September 05, 2024
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