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Viewsroom

Trump’s borderline tax ideas

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 26 January 2017

⏱️ 31 minutes

🧾️ Download transcript

Summary

Two competing tariff ideas from President Trump and congressional Republicans bring merits but mostly unforeseen risks. Meanwhile, any cut in the corporate tax rate will benefit hapless Yahoo and its Asian holdings. Plus, why it pays to bet against Davos Man’s thinking. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Where do you find a clear signal in a world of static?

0:03.2

In a time of rapid change cut through the noise,

0:06.2

the economist goes beyond the headlines to decode the forces shaping today and defining tomorrow.

0:12.7

Get the full story.

0:14.1

It's more than news.

0:15.4

It's a trusted global perspective.

0:17.7

The economist know which way is up.

0:20.9

The views expressed on this podcast are those of the participants, not of Reuters' News.

0:37.3

Welcome to the Views' Room, a weekly conversation among breaking views columnists about the ups and downs of the world of finance.

0:43.5

I'm Anthony Curry, and I'm here with my colleague Jennifer Saber. Hi, Jen.

0:47.0

Hello, Anthony. So this week, we're going to tackle Donald Trump's latest tax plans,

0:52.3

and also we're going to take a look at Yahoo and what's possibly

0:55.1

its best deal yet. But first, we're going to wend our way back across the pond yet again to chat with

1:00.7

Peter Tal Alastin in London. Hi, Peter. Thanks for joining us again. Hi, guys. So let's pick up where

1:06.0

we left off last week. You're in Davos, freezing your toes off. Now you're back in London. I'm sure the weather

1:11.5

there is just delightful. You read a sort of coda to your time in Davos there where you looked

1:16.2

at the ideas that were probably pretty terrible, the Dullard, the Dunst ideas of the few days

1:22.5

at the World Economic Forum. I think we went through one or two of them last week, especially

1:26.0

that China would become the de facto leader of globalization. But why don't you tell us about a couple of the other ones

1:31.3

that you thought were particularly worthy of being stripped down?

1:36.6

Just to set the context a bit, I mean, what we tried to do was basically look at kind of what

1:41.5

the emerging consensus is. I mean, what you get often in Davos, everybody flies

...

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