Trump proposes a ‘reciprocal tax’ on trade

President Donald Trump proposed what he called a reciprocal tax on trade during a meeting about infrastructure on Monday. “We are going to charge countries outside of our country — countries that take advantage of the United States,” Trump told state and local officials, according to a White House pool report. “So we’re going to be doing very much a reciprocal tax and you’ll be hearing about that during the week and the coming months.”

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From:: Stock Market News

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