Business Community Shocked That Trump Might Impose Import Tariffs
CNN reports that the business community is shocked at the idea that Donald Trump might impose import tariffs when he takes office:
Some of the next four years are going to be non stop laughter for me ‘cause otherwise I’d be crying…
Two sources who represent business interests in Washington tell CNN that the man in line to be White House chief of staff, Reince Preibus, has told key Washington players that one idea being debated internally is a 5% tariff on imports….Priebus, the sources said, was warned such a move could start trade wars, anger allies, and also hurt the new administration’s effort to boost the rate of economic growth right out of the gate.
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