WaPo: "Trump Vows Massive New Trade Tariffs If Elected"

The Washington Post reports that former President Donald Trump has floated, "a 10 percent tax on all foreign imports, calling for a ‘ring around the collar’ of the U.S. economy," should he win a second White House term in 2024.

• The Post reports that, "Trump and top aides — including former senior White House officials Larry Kudlow and Brooke Rollins, as well as outside advisers Stephen Moore and former House speaker Newt Gingrich," discussed the idea at a strategy meeting in New Jersey last week.
• WaPo: "Among the ideas they discussed was Trump’s plan to enact a “universal baseline tariff” on virtually all imports to the United States, the people said. This idea, which Trump has taken to describing as creating a 'ring around the U.S. economy.'"
• Trump told Fox Business last Thursday: “I think we should have a ring around the colla [of the U.S. economy]. When companies come in and they dump their products in the United States, they should pay, automatically, let’s say a 10 percent tax … I do like the 10 percent for everybody.”