Americans may not have to pay income tax once tariffs come in: Trump

US President Donald Trump claimed that Americans' income taxes will be substantially reduced or may even be completely eliminated once tariffs come in. "Focus will be on people making less than $200,000 a year. Also, massive numbers of jobs are already being created...It'll be a bonanza for America," Trump added. Notably, Trump has paused the reciprocal tariffs for 90 days.

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