Trump's Business Agenda Includes US Manufacturing, Massive Tax Cuts

Adjust Comment Print

Now we are going to have regulation and it will be just as strong and just as good and just as protective of the people as the regulation we have right now.

"We don't want to bring them in, we want to make them here".

"What we want to do is bring manufacturing back to our country", Trump said.

Tax cuts and regulation reduction are the two major tools for the Trump administration to achieve its promise to create 25 million new American jobs in the next decade and to boost the economic growth to 4 percent.

U.S. President-elect Donald Trump speaks to diplomats at the Presidential Inaugural Committee (PIC) Chairman's Global Dinner in Washington, U.S. January 17, 2017.

According to the schedule released by the White House, Trump, who created a real estate empire before taking office, was to host a 'breakfast and listening session with key business leaders'.

S.Korean minister, aide arrested over alleged blacklist
The Constitutional Court is holding a trial before ruling on whether to formally end Park's presidency or restore her authority. Judges also chose to allow the arrest of the former presidential chief of staff, Kim Ki-choon, who may have authored the list.

US President Donald Trump promised business leaders Monday that he would cut taxes "massively" and slash regulations by 75%.

"What we're doing is we are going to be cutting taxes massively for both the middle class and for companies", Trump said at a meeting with corporate executives, including Elon Musk of Space X and Dow Chemical CEO Andrew Liveris. It has gotten out of control.

Sources told CNN last month that Trump was eying an across-the-board tax on imports as high as 10% - an idea business leaders have bristled at. I have received awards on the environment. "We want to make them here", Trump said. It's what the people wanted, it's one of the reasons I'm sitting here instead of somebody else sitting here.

Since his election, Mr Trump has put pressure on companies to alter their production plans, in moves that are very rare for a president and have raised concerns among some Republicans that his actions will shift the party away from its traditional free-market philosophy.

He told the business leaders that the deal is contingent upon keeping business operations inside the United States: "All you have to do is stay". "And you have to go through the process but it will be expedited and we'll take care of the environment and take care of safety and all of the other things we have to take care of but you'll get such great service".

NBC reported that Trump would sign the order as soon as Monday.

Comments