The chieftains of U.S. manufacturing pressed their case to President Donald Trump Thursday that imposing taxes on imports would lead to higher employment. He got their message loud and clear.
Just after meeting with the CEOs of Dow Chemical Co., General Electric Co. and other industrial giants, the president told Reuters he would “support a form of tax on the border” because it will “lead to a lot more jobs.” The president didn’t go as far as endorsing the tax reform plan backed by House Speaker Paul Ryan that has divided corporate America between importers and exporters.