Former President Donald Trump reiterated his plan to phase in a system of universal tariffs on foreign products if elected president in 2024.
“I think we should have a ring around the collar, as they say. I think when companies come in and they dump their products in the United States, they should pay, automatically, let’s say, a 10 percent tax,” President Trump told Fox Business’ Larry Kudlow during an interview aired on Aug. 17.