President Donald Trump suggested Sunday that his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda.

President Donald Trump has insisted that millions of Americans might see their income taxes cut as a result of his sweeping tariffs. In a Truth Social post Sunday morning, the president claimed many families will see their income taxes “substantially reduced” or even “completely eliminated” once Washington begins to see revenue from his self-described “reciprocal”

President Trump suggests that increased tariffs on imports could replace income taxes. He claims there's a 'real possibility' that tariff revenues could be substantial enough to eliminate income taxes for millions of Americans.