“I don’t even think [the border adjustment tax] is truly a tax. It’s another duty. It’s another tariff on top of [existing tariffs.]”
Chirico said a border tax on imports will create uncertainty and potentially impact investments.
Fast food executive Andrew Puzder, President Trump’s embattled Labor Secretary nominee, withdrew his name from consideration Wednesday.
The president pledged to cut regulations and simplify and lower taxes for corporations and families.
The strong consumer price increase signaled an increase in inflation, which could lead to a rate hike by the Federal Reserve in March, some economists said.
First Lady Melania Trump wears all-white Karl Lagerfeld couture ensemble for press event with Israeli Prime Minister Benjamin Netanyahu.
Sales in the overall economy grew at a faster clip than economists had predicted.
Director said evidence suggests Conway violated ethics rules.
Retailers are part of a coalition of 120 retailers and industry groups trying to prevent the border tax from being implemented.
Canadian Prime Minister Justin Trudeau, who met with Trump in the Oval Office, said NAFTA renegotiation is a concern for Canadians and stressed the importance of the integrated economic relationship.
The Nordstrom-Ivanka Trump controversy was featured in an SNL skit and a topic on the Sunday political shows.
The first couple’s hospitality included a round of golf for the president and prime minister and a Japanese garden tour for the first lady and Akie Abe.
For a visit to the Morikami Museum and Japanese Gardens with Azie Abe, the wife of Japan’s prime minister, First Lady Melania Trump wore a white cashmere knitted Calvin Klein dress.
Democrats raised concerns about the ethics controversy surrounding Kellyanne Conway, counselor to President Trump, who plugged Ivanka Trump’s brands, sparking calls for an investigation.
The U.S. and Japan said Friday the two countries will launch an economic dialogue but stopped short of committing to bilateral trade negotiations.