Tariffs Are a Reason to Cut Taxes and Red Tape

Tariffs Are a Reason to Cut Taxes and Red Tape


If there’s one thing supporters and opponents of President Donald Trump’s tariffs should agree on, it’s the need to unchain prosperity at home while international trade is in flux. 

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That means renewing the president’s first-term tax cuts, for a start, but it also calls for sweeping regulatory reform — a DOGE-like approach to slice the red tape entangling business at home.

Trump is attempting little less than a revolution in the global economy by reasserting American economic independence no matter the risks or pain.

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He sees trade deficits as inherently bad — and America’s deficit in goods traded with the world totaled $1.2 trillion last year.

When Americans buy foreign products, some of the dollars they spend cycle back home, as foreigners use the currency

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