3 Months In: Where The Trump Administration Now Stands On Economic Issues

From Commodities
April 21, 2017 - 9:05am
President Donald Trump seemed to waver last week on a couple of key official economic positions. Nonetheless, he maintained optimism that any remaining campaign promises will materialize. One by one we are keeping our promises - on the border, on energy, on jobs, on regulations. Big changes are happening! — Donald J. Trump (@realDonaldTrump) April 12, 2017 And the position that the media would unfairly cover his accomplisments. No matter how much I accomplish during the ridiculous standard of the first 100 days, & it has been a lot (including S.C.), media will kill! — Donald J. Trump (@realDonaldTrump) April 21, 2017 Five months after those promises secured victory, here’s a look at where the Administration now stands on various economic issues. Border-Adjustment Tax In an interview with Fox Business News, Trump seemed disinclined to embrace the border-adjustment tax championed by House Republicans and central to their tax reform plan. Displeased with the term “adjustment” for its connotation of compromise and weakness, the president instead advocated for a “reciprocal tax” or “import tax.” "There has to be a certain reciprocal ...Full story available on Benzinga.com

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