- Republican presidential hopeful Nikki Haley drew a line between her views on trade and Trump’s prices
- The former South Carolina governor said Trump’s plan will cost thousands of dollars per individual taxpayer
- Her attack on the former president’s trade plans comes as she rises in the polls, but she has vowed to stay in the race until at least South Carolina.
Nikki Haley blasted former President Donald Trump for supporting a trade and tariff plan that she claims will cost Americans thousands of dollars a year.
The former president has been outspoken about his idea to impose a blanket 10 percent tariff on all imported goods.
In addition to the 10 percent tariff, Trump has privately discussed imposing a massive 60 percent tariff on all imports from China. The Washington Post first reported this.
“What Donald Trump is going to do is he’s going to increase the spending of every household by $2,600 a year,” Haley told CNBC. She cited a figure from the National Taxpayers Union.
“This is a man who now wants to implement 10 percent tariffs across the board, raising taxes on every American. Think about that for a minute,” Haley added.
“Under Donald Trump, the cost of everything from strollers to appliances will rise,” she continued. “Middle-class families can’t afford that.”
Haley blasted Trump for his trade and tariff plans that she said will cost American taxpayers thousands of dollars a year
Former President Donald Trump has said he wants a 10 percent tariff on all imports
Trump has considered the idea of imposing a 60 percent tariff on all goods imported from China
Trump even suggested that tariffs could be used to force car companies to produce their cars in the US
“(I) would require China and other countries, through tariffs or otherwise, to build factories here, with our workers,” Trump wrote on Truth Social.
If Trump were to implement his 10 percent tariff plan, the result would effectively increase taxes on American consumers by more than $300 billion per year. according to the Tax Foundation, a D.C.-based think tank.
The trade war waged between Trump and China while the former president was in power is estimated to have cost 245,000 American jobs. 2021 Report from the US-China Business Council.
Haley’s attack on the former president’s trade plans comes as she rises in the polls.
Trump leads Haley by 63 points in the Republican primaries, This is evident from a poll published today by Morning Consult.
Despite this, Haley has maintained that she will remain in the presidential race until at least the presidential primaries in her home state of South Carolina. The primaries will take place on February 24.
“It’s far from over,” Haley told CNBC. “And what I’ll tell you is, look, (Trump) has literally gone wild since I got 43% of the vote in New Hampshire.”
