Back to Tariff-driven panic buying distorts Q2 2025 GDP report
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true false
Trump's 2025 tariffs represent the largest tax increase since 1993.
Explanation
True. Trump's tariffs will raise $167.7 billion in 2025, making them the largest tax increase since 1993—larger than tax increases under Obama and George H.W. Bush. This hidden tax falls entirely on A...
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