Donald Trump's Global Tariff Announcement: US Economy Surging, Enemies Fearful
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Trump's Bold Tariff Plan: Income Tax to be Replaced, Global Investment Soars
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CNBC Awaaz•25-02-2026, 08:57
Trump's Bold Tariff Plan: Income Tax to be Replaced, Global Investment Soars
•Donald Trump announced tariffs would eventually replace income tax, eliminating the need for congressional approval.
•He claimed his administration attracted nearly $18 trillion in global investment, a significant increase from the previous administration.
•Trump highlighted the US economy's unprecedented growth, new factories, and increased oil and natural gas production.
•He emphasized the construction of America's strongest border system and the plan to pass the "Safe America Act" to prevent illegal immigrants from voting.
•A campaign against fraud was officially launched under Vice President JD Vance, and the "Stop Insider Trading Act" was proposed.