August 2018 archive

Mr. Trump’s trade tariffs and corporate tax plan is a form of U.S. financial sanction aimed at bringing supply chains back on to U.S. soil

Mr. Trump’s corporate tax reduction plan’s ultimate aim is to prevent U.S. corporations from moving abroad to lower tax haven countries. By setting tariffs on imports, corporations are forced to domicile in the U.S. where they will receive favorable tax treatment. Examples are Apple, Ford and GM beginning to move production back to the U.S. …

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