Trump talks up using more tariffs and tax cuts as part of economic agenda

His tariff plan has spurred talk of inflation, and US treasury secretary Janet Yellen has said it would raise costs for American consumers
Trump talks up using more tariffs and tax cuts as part of economic agenda

Donald Trump's comments are his first extended remarks on his economic plans since he became the party's likely nominee following last week's 'Super Tuesday' primary elections, setting up a rematch with US President Joe Biden.

Donald Trump laid out some of his financial priorities and defended his planned 10% across-the-board tariffs, saying any resulting price increase for families could be offset by tax cuts and calling for his 2017 tax cuts to be extended.

The Republican US presidential candidate, speaking in an interview on CNBC, also called for action on popular US entitlement programmes, including cuts, and indicated he was not likely to curb the use of cryptocurrencies.

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