

7 years ago
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Trump threatens tax on EU cars
US President Donald Trump has stepped up his war of words over trade tariffs, threatening to "apply a tax" on imports of cars from the European Union. Mr Trump said other countries had taken advantage of the US for years because of its "very stupid" trade deals. The trade wrangle began on Thursday when Mr Trump vowed to impose hefty tariffs on steel and aluminium imports.
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How many tariffs is he going to have? So reducing taxes in the US, getting rid of the estate tax, appointing company executives to government positions, allowing them to hide their taxes and evade federal taxes is OK, Buuuuuuuuuuuuuuuut foreigners have to pay. I'd like someone to explain how this grows businesses. If reducing taxes entices business won't increasing them push companies away?