Trump says he'll call CEOs when he disagrees with their business decisions
Published on 2025-05-05 07:40:56 -
Retailers have increasingly offered warnings about the tariffs' impact on consumers.
In a recent meeting with top U.S. business leaders, former President Donald Trump discussed his economic plans, emphasizing his intention to reduce corporate taxes and implement tariffs on imports if he wins the upcoming election. Trump's proposal includes a significant reduction in the corporate tax rate from 21% to 20% and the introduction of a broad 10% tariff on all imported goods, aiming to protect American industries and reduce the trade deficit. He also expressed his belief that these tariffs would not lead to higher prices for consumers, a claim that has been met with skepticism by some economists. The meeting, which included CEOs from major companies like Apple, Nasdaq, and Citigroup, was part of Trump's effort to garner support from the business community ahead of the election.
Read the Full nbcnews.com Article at: [ https://www.nbcnews.com/politics/donald-trump/trump-call-ceos-plans-prices-tariffs-rcna204702 ]
Business & Finance
Mon, May 5, 2025
