What Trump’s border tax could mean for retail companies like Target
What Trump’s border tax could mean for retail companies like Target
Chief executives of some of America’s largest retailers will meet with President Donald Trump today to talk about job creation and the economy.
They’re also bending the ears of members of Congress to express opposition to a possible border adjustment tax, which is part of a House Republican blueprint for tax reform. The proposal would, among other things, levy a 20 percent tax on imported goods.
That’s unappealing to the heads of import-reliant companies like Best Buy, Target and Gap Inc.
Click the above audio player to hear the full story.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
