A “Shop Canadian” sign is displayed at a supermarket in Vancouver, British Columbia, Canada, in March. (Photo courtesy of Xinhua-Yonhap) Democrats have criticized President Trump’s tariffs, arguing that they lead to price increases that disadvantage American workers. While tariffs can contribute to higher prices, they also offer benefits to American workers. Firstly, revenue generated from tariffs contributes to the government’s operating fund, potentially offsetting expenses that would otherwise be covered by income taxes. This additional revenue has opened discussions about tax relief measures, such as removing income tax from overtime pay or tips. Moreover, tariffs serve to encourage domestic manufacturing and attract foreign direct investment (FDI). Foreign companies aiming to maintain access to the U.S. market may choose to establish manufacturing facilities within the United…
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