During a Fox News segment, host Shannon Bream confronted Peter Navarro about polling data showing that many Americans believe Tariffs will increase their expenses rather than provide benefits. Despite Navarro's assertions that the tariffs would lead to significant tax cuts for the middle class, Bream raised concerns about the reality facing consumers, suggesting that potential savings may not offset rising everyday costs due to the tariffs. The conversation emphasized the disconnect between administration claims and public perception regarding economic policies.
I want to clarify, chickens aside, when you say a tax cut how exactly is that going to work? If you’re talking about credits for people who are buying new cars, those kinds of things, millions of Americans are not looking to buy new cars, but they are worried about the thousands that are estimated to turn up in their everyday costs for things because the tariff cost has to be passed on by these importers somewhere.
First of all, we're going to raise about hundred billion dollars with the auto tariffs alone. What we're going to do is in the new tax bill that has to pass, it absolutely has to pass, we're going to provide tax benefits, tax credits to the people who buy American cars.
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