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Opinion | Disguising taxes as tariffs to pay for military spending has always been Trump’s plan

4 min read
Donald Trump

President Donald Trump leaves after an event to sign VA ɫɫ Loan Program Reform Act into law in the Roosevelt Room at the White House, Wednesday, July 30, 2025, in Washington. (AP Photo/Mark Schiefelbein)


Donald Trump’s approach to negotiating as outlined in his book“The Art of the Deal,” is to only show the cards that you are going to discard and keep hidden those you are actually going to play. When it comes to tariffs, Trump is framing them as needed to control fentanyl,illegal immigration and build up the U.S. manufacturing industry, while claimingforeign countries are going to pay for tariffs. But these are carrots being dangled in front of the U.S. public to divert attention away from what Trump intends to pursue behind the scenes.

I suspect the card that he is hiding and wants to playis to fund a huge increase in military spending. However, the U.S. has the largest absolute debtamong G7 nations — about $37 trillion in 2025. In fact, its deficit this year will be more than three timesthat of Canada as a percentage of GDP. Many economists will tell you that U.S. debt is at critical levels and deficit increases are unsustainable.

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