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Trump Vows ‘Reciprocal Tax’ on Imports From High-Tariff Nations [Bloomberg Business News]

TWENTY-FIRST CENTURY FOX (FOX)  More Company Research Source: Bloomberg Business News
Last twenty-first century fox earnings: 5/10 04:03 pm Check Earnings Report
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PDF By Jennifer Epstein Updated on Would risk raising tensions with key U.S. trading partners Senior administration official says no formal plan in works Trump Says 'Reciprocal Tax' Will Be Announced This Week President Donald Trump promised a tax on imports, reviving an idea he floated earlier in his administration that risks escalating tensions with key U.S. trade partners. “We’re going to be doing very much a reciprocal tax,” Trump said Monday at a White House event on infrastructure. “And you’ll be hearing about that during the week and during the coming months.” Trump didn’t elaborate on his plan at the event. Later in the day, a senior administration official said there is no formal proposal for such a tax in the works and the president was simply reiterating sentiments he has long held. Trump shifted during the discussion of [Read more]

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