...business.
Here is a short article about it.
TRUMP'S FIRST 100 DAYS
Trump: I’m cutting 75% of regulations, maybe more!
By Daniel Halper
January 23, 2017 | 10:41am | Updated
President Trump told business leaders Monday that he’s going to be cutting regulations “massively” — by 75 percent and “maybe more.”
“We are going to be cutting taxes massively for both the middle class and for companies. And that’s massively. We’re trying to get it down to anywhere from 15 to 20 percent,” Trump said at the White house meeting.
“A bigger thing, and that surprised me, is the fact that we are going to be cutting regulation massively. Now we are going to have regulation and it will be just as strong and just as good and just as protective of the people as the regulation we have right now. The problem with the regulation you have right now is that you can’t do anything,” he added.
Trump boldly claimed, “We think we can cut regulations by 75 percent. Maybe more.”
At that point, he reached over to shake the hand of Michael Dell of Dell Technologies.
“Or when Dell wants to come in and do something monstrous and special, you are going to have your approvals really fast,” the president said.
But he added a warning. U.S. companies that go abroad would pay a heavy price. “If that happens, we are going to be imposing a very major border tax on the products when it comes in.”
Trump called the meeting with business leaders his “first official meeting.”
Aside from Dell, executives from Whirlpool, Ford, Johnson & Johnson, Lockheed Martin, Arconic, Dow Chemical, US Steel, SpaceX, Under Armour, International Paper and Corning attended the meeting.
Here is a short article about it.
TRUMP'S FIRST 100 DAYS
Trump: I’m cutting 75% of regulations, maybe more!
By Daniel Halper
January 23, 2017 | 10:41am | Updated
President Trump told business leaders Monday that he’s going to be cutting regulations “massively” — by 75 percent and “maybe more.”
“We are going to be cutting taxes massively for both the middle class and for companies. And that’s massively. We’re trying to get it down to anywhere from 15 to 20 percent,” Trump said at the White house meeting.
“A bigger thing, and that surprised me, is the fact that we are going to be cutting regulation massively. Now we are going to have regulation and it will be just as strong and just as good and just as protective of the people as the regulation we have right now. The problem with the regulation you have right now is that you can’t do anything,” he added.
Trump boldly claimed, “We think we can cut regulations by 75 percent. Maybe more.”
At that point, he reached over to shake the hand of Michael Dell of Dell Technologies.
“Or when Dell wants to come in and do something monstrous and special, you are going to have your approvals really fast,” the president said.
But he added a warning. U.S. companies that go abroad would pay a heavy price. “If that happens, we are going to be imposing a very major border tax on the products when it comes in.”
Trump called the meeting with business leaders his “first official meeting.”
Aside from Dell, executives from Whirlpool, Ford, Johnson & Johnson, Lockheed Martin, Arconic, Dow Chemical, US Steel, SpaceX, Under Armour, International Paper and Corning attended the meeting.
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