Page 10 - Border Adjustment News Today

Question when were at this level. we are talking here about the difference between a straightforward tariff, which is just a charge put on goods crossing the border, any border, or particular goods, or a border adjustment tax, which is usually done as a much greater part of a tax code. one is a general measure, the other is part of taxation. the difference, what donald trump seems to be suggesting, we dont know -- >> thats the thing, we dont really know yet. >> if you look at republicans in cong...

Homeland security department today. an agency official tells nbc news he simply drove past the entrance without stopping. former mexican president vincente fox said his country will not pay for the wall. on twitter last night he wrote, donald trump, who is going to pay for the costly products after you tax them? american citizens. youre not respecting them. a few hours later, trump, please dont be stubborn. by taxing 20%, again, american people pay for the wall. you know mexico will impose the...

What to we know about immigration rights across the border? they rise. >> president trumps tax on imports sounds familiar to a reform pushed by house republicans and an idea known as border adjustment and trop the corporate tax rate from 25% to 30% and exempting exported good froms united states and impofg a 20% tax on goods imported to the united states. president trump said any time i hear border adjustment i dont love it because it usually means we are adjust into a bad deal and what happens....

Up close. >> was that the invitation you were just referring to? >> thats right. >> thank you. >> tom brokaw started his career at nbc news 50 years ago and tom joins us at the top of the hour ahead of this sundays new prime time special featuring men from his unparaeled career. also ahead a border adjustment is said to be on the buffet of options to get mexico to pay for trumps promised wall along the border. former president of mexico vicente fox reacts and hell join us after this. are you get...

Certainly heard a lot of talk from president trump, we will get a big interview tonight was sean hannity. as far as specifics for policies, there are questions about where he stands on a few issues when it comes to the actual language. so what do you foresee as the potential challenges? >> well i think its going to be up to congressional republicans to fill in the details on a lot of these things, because it is congress job to pass legislation. i know weve had president trump signing a number of...

Purchasing power, a lot of questions about the 35 to 45% border tax that the president-elect is doing a fair amount of tweeting about. could you tell the american people what products would be subject to this tax, and im not interested now in all the complicated theories about the dollar. i think its a question worth talking about and the like, but americans want to know what products would be subject to it? working class people want to know, is gas going to be part of this? give me your respons...

I share president-elect trumps view it is time to shift the debate from what the system thinks is best for kids to what mom and dads want, expect and deserve. it hasnt been as clear yet where she stands on a lot of other educational issues. it should become more clear later today. >> shannon: mr. trump once he is sworn in will have to start working with the folks on capitol hill and he says he doesnt like the gop tax plan thats been around since last spring. how will that work out? >> shannon, h...

Their poll numbers go up, hes had his drop pretty dramatically among independents. >> particularly when they have such ambitions, health care reform, tax care, infrastructure build all in a couple months. if you just look at the last 72 hours, its chaos and confusion in terms of whether they want border adjustment to be part of tax reform. republican on the hill thought he did, now he told the journal he doesnt. comments about health care reform, does he really want coverage for every single ame...

If necessary because near nearf of the points on his trade policy phr on china. bringing cases against them at the wto and eventual using every lawful power to eliminate trade disputes especially concerning intellectual property through aft. as a candidate, mr. trump used strong language to hint at a complete change in the way china does commerce with the u.s. >> we cant continue to allow china to rape our country, and thats what they are doing. >> insisting the next president doesnt want to tra...

Defeat it. ive told everybody how i feel. thats the way it is. >> so the partly sunnys challenge here is to prove that this will not ship jobs overseas and he cant do that. meanwhile, history tells us u.s. trade agreements are bad for american workers in the economy. there is a ledger. there is a history here. earlier today, richard trumka testified during the hearing on trade. he said this is about the tpp and jobs. >> a climate without a border adjustment, tpp will not stop manufacturing from ...