You are correct Mr Secretary, POTUS Donnie did not endorse a border tax, but he gave a vague explanation that he likes the notion and what we can expect in the upcoming months – PB/TK
Commerce Secretary Ross: Trump Did Not Endorse Border Tax Plan – 01 Mar 2017
New U.S. Commerce Secretary Wilbur Ross said President Donald Trump did not endorse a proposed border tax system on Tuesday in his first speech to Congress on Tuesday, despite a vow to level the tax playing field for U.S. companies that export.
Ross, speaking to reporters after the speech, said that Trump was merely pointing out an export tax inequity between the United States and many other countries, not specifying how it should be remedied.
Trump said he was asking for a change in the way U.S. imports are taxed, saying that other countries “make us pay very high tariffs and taxes,” but the United States charges “nothing or almost nothing” on imports.
Trump referred to tariffs of 100 percent by some countries on U.S.-made Harley-Davidson Inc motorcycles, saying that the company was used to being “mistreated” in foreign markets.
“They weren’t even asking for a change, but I am,” Trump told the joint session of Congress.
Asked if Trump’s remarks on the topic effectively endorsed a plan by House of Representatives Republicans to levy a border tax of about 20 percent on imports into the United States, Ross said, “No, he did not.”
Continue to newsmax.com article: http://www.newsmax.com/Finance/Economy/Trump-Border-Tax-Commerce-Wilbur-Ross/2017/03/01/id/776231/
