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International Business Times
International Business Times
World
Beiyi SEOW

Tariffs, Tax Cuts, Energy: What Is In Trump's Economic Plan?

Republican presidential candidate Donald Trump's economic plan relies on tariffs to raise revenue and target countries which he says have been 'ripping us off' (Credit: AFP)

Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.

Ahead of November's election, economists warn his policies could raise consumer prices and shake up global trade -- with unclear benefits to US production.

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