Shortly before the market close on Thursday, retailers stumbled on one single Reuters headline: Trump says he supports “some form” of border tax.
As Reuters elaborated, President Donald Trump on Thursday spoke favorably about an export-boosting border adjustment tax proposal being pushed by Republicans in the U. S. Congress, but did not specifically endorse it. Trump had previously sent mixed signals on the proposal at the heart of a Republican plan to overhaul the U. S. tax code for the first time in more than 30 years.
This post was published at Zero Hedge on Feb 23, 2017.
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