GOP Sen. Rick Scott: Americans should get tax cuts in return for tariffs paid on Chinese goods

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GOP Sen. Rick Scott: Americans should get tax cuts in return for tariffs paid on Chinese goods
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'Anything we raise in tariffs, we should give back to the rank and public in tax reductions,' the Florida Republican offers.

told CNBC on Monday the U.S. government should return money collected from China tariffs to Americans as tax relief.

"Anything we raise in tariffs, we should give back to the rank and public in tax reductions," the Florida senator said in a ""We have to help American farmers open up more markets around the world," said Scott, who did not elaborate further on what such relief might look like. Data from U.S. Customs and Border Protection, which collects taxes on imports, showed the U.S. had assessed $23.7 billion in tariffs from early 2018 through May 1. According to a ReutersThe trade dispute between the world's two largest economies has been escalating in recent months, with investors fearing that it could slow global and U.S. economic growth. In fact,

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