White House tax plan doubles down on import tariff idea
The White House and House Republicans push a border adjustment that would tax imports while exempting exports, aiming to raise over 1 trillion over a decade. Some see it as offsetting corporate tax cuts or funding a border wall, with potential NAFTA and WTO challenges and impact on US consumers.
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Spicer
White House wavers on funding wall with tariffs and tax ideas
Ambiguity surrounds Trump plan for a southern border wall as White House officials discuss funding options. Spicer floated a border adjustment tax. tariffs were also mentioned as alternatives while Trump had previously criticized the tax.
May Says Engage Putin But Verify Trust But Verify
British Prime Minister Theresa May warns Republicans not to trust Vladimir Putin and cites Reagan with a call to engage but beware. She says Britain and America should avoid invading sovereign nations, urging a restrained foreign policy. The Doomsday Clock ticks closer to midnight and US democracy is labeled flawed by the Economist Intelligence Unit. Kushner Spicer and others register in multiple states, illustrating cross state voting registration.
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Mexican president cancels meeting
The abrupt cancellation of a planned second meeting between Donald Trump and Enrique Pena Nieto strains a key U.S. ally. The clash over who pays for a border wall undercuts long standing cross border cooperation including anti drug trafficking efforts and trade ties.
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