Trump, Tariffs and Taxes: How He’ll Turn Campaign Promises Into Policy
Listen now
Description
President-elect Donald Trump made lots of promises on the campaign trail to revive what he called a “weakened” U.S. economy. That includes “gigantic tax cuts” for workers and tariffs of more than 60% on goods imported from China and elsewhere. He also pledged to slash regulations, even floating the idea of making Tesla CEO Elon Musk the head of a Department of Government Efficiency, or DOGE. But how will he turn those economic promises into reality? WSJ economic policy reporter Brian Schwartz and U.S. tax policy reporter Richard Rubin explain how Trump could take executive action, where he might need help from Congress and why some business leaders may put up resistance to some of his economic plans. Luke Vargas hosts. Further Reading What Trump’s Win Means for the Economy  Trump’s Comeback Reverberates Through Markets  What a Trump Win Means for Immigration, Wall Street, Foreign Policy and Healthcare  Learn more about your ad choices. Visit megaphone.fm/adchoices
More Episodes
P.M. Edition for Nov. 12. WSJ reporter Peter Grant discusses the real estate scions who are considering selling the buildings that made their families rich. And fat Wall Street bonuses are making a comeback. Senior writer Justin Baer explains why. Plus, the Justice Department hits the brakes on...
Published 11/12/24
Published 11/12/24
A.M. Edition for Nov. 12. WSJ correspondent Thomas Grove explains how Senator Marco Rubio and Representative Mike Waltz – Trump’s pick for White House national security advisor – could steer U.S. diplomacy. Plus, rival Palestinian factions Hamas and Fatah craft a plan for Gaza’s postwar recovery....
Published 11/12/24