Trump Threatens "Reciprocal Tax" On Imported Goods; White House Denies
Zero Hedge -

Update: Citing an unnamed administration official, Bloomberg reports that the White House has "no formal proposal on the table for a so-called reciprocal tax on imports" - presenting yet another case of an administration official contradicting their boss in the press.

Trump is set to meet with lawmakers Tuesday to discuss trade issues.

As BBG reminds us, a House Republican proposal to tax imports, known as the border-adjusted tax, was removed from the Republican tax plan after being heavily...


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