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border Business reform tax cuts U.S. 

Corporate tax reform negotiators aim above Trump’s 15 percent pledge

July 17, 2017 By David Morgan WASHINGTON (Reuters) – President Donald Trump campaigned on cutting the U.S. corporate tax rate to 15 percent, but administration officials said on Monday negotiators engaged in closed-door talks are now shooting for a little over 20 percent because they realize the super-low rate would balloon the federal deficit. Republican leaders in the House of Representatives and the Senate are unlikely to allow the budget deficit to grow, so officials said they now hope for a corporate tax at the low end of a 20…

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border Five Eyes Senator Brandis Tech Top News United Kingdom 

Australia to seek greater powers on encrypted messaging at ‘Five eyes’ meeting

June 25, 2017 SYDNEY (Reuters) – Australia said on Sunday it will push for greater powers to tackle the use of encrypted messaging services used by terrorists and criminals at an upcoming meeting of ministers from the “Five Eyes” intelligence network. The United States, United Kingdom, Canada, Australia, and New Zealand, will meet in the Canadian city of Ottawa next week, where they will discuss tactics to combat terrorism and border protection, two senior Australian ministers said. Australia has made it clear it wants tech companies to do much more…

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border debate Entertainment President Donald Trump Top News wall 

‘Beatriz at Dinner’ seen as tale for the Trump era

June 7, 2017 NEW YORK (Reuters) – A dinner party turns into a debate on humanity, racism and empathy in the film “Beatriz at Dinner,” which despite being written two years ago is being hailed as a must-see film in the Trump era. Mexican-American actress Salma Hayek plays a Los Angeles holistic healer who ends up by chance attending a dinner party at the home of her wealthy clients. Tension ensues as her character, Beatriz, goes head to head with Doug, played by John Lithgow, a self-satisfied billionaire real estate…

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GE CEO warns against U.S. protectionism, wants level playing field

May 5, 2017 By David Lawder WASHINGTON (Reuters) – General Electric Co Chief Executive Jeff Immelt warned the Trump administration on Thursday to avoid protectionist policies while calling on it to level the playing field for American companies with tax reform, revived export financing and improved trade agreements. In a speech at Georgetown University, Immelt said American companies and policymakers should “try harder” to compete in the global economy and win. Public sentiment toward globalization and free trade has permanently changed because of their associations with outsourcing that has held…

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Trump celebrates first 100 days as president, blasts media

April 30, 2017 By Patrick Rucker HARRISBURG, Pa. (Reuters) – U.S. President Donald Trump hit the road on Saturday to celebrate his first 100 days in the White House with cheering supporters at a campaign-style rally, touting his initial achievements and lashing out at critics who have given his tenure poor marks. Trump told a Pennsylvania crowd he was just getting started on meeting his campaign promises. He repeatedly attacked an “incompetent, dishonest” media, saying they were not telling the truth about his administration’s accomplishments. “My administration has been delivering…

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Trump tax plan to rely on future U.S. growth to fund cuts: officials

April 21, 2017 By David Morgan WASHINGTON (Reuters) – U.S. President Donald Trump’s tax reform plan will rely largely on future revenue gains from faster economic growth to justify major tax cuts, top Trump advisers said on Thursday. As Trump’s first 100 days in office draw to a close, the disclosure is the latest sign that the White House could part ways with congressional Republicans who want to pay for tax cuts by taxing imports and eliminating a business tax deduction for debt interest payments. “Some of the lowering in…

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Trump, conservatives try to put aside bitterness to cut tax deal

March 29, 2017 By Roberta Rampton, Richard Cowan and Amanda Becker WASHINGTON (Reuters) – Raw feelings and mistrust could pose an obstacle to President Donald Trump and hard-line conservative lawmakers in his Republican Party as they seek to rebound from defeat on healthcare legislation by launching into an overhaul of the U.S. tax code. Trump has accused the Freedom Caucus lawmakers of snatching a “defeat from the jaws of victory” with their rejection of the White House-backed healthcare bill to replace President Barack Obama’s 2010 healthcare reform bill. In interviews…

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Trump’s funding request for U.S. border wall hits snag among some Republicans

March 28, 2017 WASHINGTON (Reuters) – President Donald Trump’s call for $1.5 billion this year to help build a wall along the border with Mexico could be in jeopardy as fellow Republicans in Congress weigh delaying a decision on the request. Republican Senator Roy Blunt, a member of his party’s leadership, told reporters on Tuesday that money for the wall likely would not be coupled with a spending bill that must pass by April 28 to avoid shutting down federal agencies whose funding expires then. Blunt said the must-do funding…

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Mexico says has less space than U.S. for tax reform

March 13, 2017 MEXICO CITY (Reuters) – Mexico’s Finance Minister Jose Antonio Meade said on Monday that Mexico was analyzing how to respond to U.S. tax proposals, including a border adjustment tax, but that Mexico has less fiscal space than the United States to enact reforms. Mexico’s debt levels have risen sharply in recent years and the government has promised to cut spending this year and reach a primary surplus. “The United States has more possibility to issue debt than Mexico,” Meade said on local TV. He said that there…

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Canada steps up campaign against possible U.S. border tax

March 10, 2017 By David Ljunggren OTTAWA (Reuters) – Canada stepped up its campaign on Thursday against a possible move by Washington to impose border tariffs, telling the new U.S. commerce chief that such a move would hurt both countries. Canadian Foreign Minister Chrystia Freeland made the comments in a call with U.S. Commerce Secretary Wilbur Ross, her office said in a statement. It was the first time the two had spoken since Ross was confirmed by the U.S. Senate last week. Canada sends 75 percent of its exports to…

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