Trump proposes to 'abolish federal income tax': Making a fortune for the US through tariffs! Will TSMC be the biggest victim?

With less than 2 weeks left in the US presidential election, the Republican presidential candidate Trump proposed a zero income tax policy on the 26th, saying that he was considering replacing income tax with tariffs, which would make the United States rich, and he once again criticized Taiwan for stealing the American chip business, and threatened to impose ultra-high tariffs on imported chips. (Synopsis: Musk ALL IN Trump, what is the "US election" business behind it? How the Web3 industry is being influenced by the U.S. election: Trump is the lead president of encryption finance? U.S. Republican presidential candidate Trump was interviewed by Joe Rogan, host of The Joe Rogan Experience, the world's most popular podcast program, on the 26th to talk about his policy vision, saying that he seriously considers abolishing the federal income tax in the United States and replacing this source of revenue with tariffs on imported goods. Citing the tariff policy of former U.S. President William McKinley in the 1890s, Trump pointed out that the policy brought great prosperity to the country and should be implemented now to finance the government, pointing out that tariffs brought so much revenue that government officials did not know how to spend them: We were very rich at the time, and we didn't know what to do with it, so they set up a special tariff committee. The sole purpose is to decide how to use all the funds we have. Critics argue that imposing tariffs on imports will cause prices to rise and become a hidden tax, but Trump insists that tariffs can boost dollar demand while protecting domestic workers and making U.S. exports more attractive. In fact, Trump's radical approach to the existing financial system is not new, he has previously advocated that BTC can be used to pay off $35 trillion of U.S. Treasuries, and he mentioned in an interview with Fox News a few days ago that the United States can repay creditors by "giving some BTC", which will "eliminate our $35 trillion debt". In addition, Trump also mentioned Taiwan and TSMC again, he said that Taiwan stole the chip business of the United States, and asked the United States to protect it, and Taiwan should pay protection fees if it wants to be protected by the United States: You know, Taiwan stole our chip business, right? They want us to protect them, they need protection, but they don't pay for that protection. Gangsters charge protection fees, right? Trump disagrees with the Biden administration's approach of driving TSMC and other large factories to set up factories in the United States through federal subsidies, believing that the Biden administration has negotiated very poor chip transactions and spent a lot of money on the very rich TSMC to set up factories in the United States, and his approach will be to impose ultra-high tariffs on imported chips, so that chip factories cannot afford it, so they have to spend money to set up factories in the United States, so that the United States does not even have to pay a dime. Previously, Trump criticized in an exclusive interview with Bloomberg that Taiwan took away all the chip business of the United States and should pay protection fees to the United States, and also pointed out that Taiwan is far from the United States, 9,500 miles away, only 68 miles from China, and it is essentially difficult to defend a small island far on the other side of the world. Related reports Gary Gensler stepped down? Trump and He Jinli popular SEC chairman candidates released Trump Polymarket's winning rate far exceeds He Jinli by 28%, and the CFTC calls for legislation and supervision to learn from Taiwan to catch gamblers and block domains? Trump said: Elected to "cut interest rates sharply", increase the number of McDonald's shovel fries employees for one day 〈Trump proposes to "abolish federal income tax": collect tariffs and the United States will make a fortune! TSMC's biggest victim? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".