Among President Trump's many promises has been a cut in taxes for both households and businesses. So what might a Trump tax plan look like, and what might it mean for the rest of the world? Economist Irwin Stelzer from the Hudson Institute gives us his analysis.
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President Donald Trump holds up a copy of a 2025 National Trade Estimate Report as he speaks at an event at the White House on April 2, 2025, in Washington, DC. (Getty Images)