I feel like Jefferson's second inaugural has some influence in this administration. In Jefferson's inaugural address he had commended the practice of funding the government solely through tariffs and no taxes:
The Avalon Project : Jefferson's Second Inaugural Address
"The remaining revenue on the consumption of foreign articles, is paid cheerfully by those who can afford to add foreign luxuries to domestic comforts, being collected on our seaboards and frontiers only, and incorporated with the transactions of our mercantile citizens, it may be the pleasure and pride of an American to ask, what farmer, what mechanic, what laborer, ever sees a tax-gatherer of the United States? These contributions enable us to support the current expenses of the government, to fulfil contracts with foreign nations, to extinguish the native right of soil within our limits, to extend those limits, and to apply such a surplus to our public debts, as places at a short day their final redemption, and that redemption once effected, the revenue thereby liberated may, by a just repartition among the states, and a corresponding amendment of the constitution, be applied, _in time of peace_, to rivers, canals, roads, arts, manufactures, education, and other great objects within each state."
And
"The suppression of unnecessary offices, of useless establishments and expenses, enabled us to discontinue our internal taxes."
These are different times given the US dollar's hegemony, so if other countries retaliate the US could see inflation. But other countries, as I understand it, are only seeing reciprocal tariffs, and the effect of inflation would be mitigated by internal projects or investment in the US, which should create jobs. Unless the rich conspire to not invest in the US.
Automation was always an issue. If machines replace workers 100%, then we will either regress into a 2D reality or live in a dreadful utopia.