Country Quote by Donald Trump
“We're going to bring a lot of money in on trade. We're going to bring a lot of money on reciprocal. You know, as an example, when you have countries with a big tax and we get nothing for the same product and we're paying - our companies are paying 100 percent tax in some countries and if they send their product to us we pay nothing. Doesn't make sense.”
About This Quote
Source Speech: Trade Policy Remarks, Donald Trump, 2018
Tax disparities create unfair trade; demand reciprocal treatment to protect domestic businesses.
In simple terms: Unfair taxes hurt trade; we need equal rules.
Advocate for fair tax policies in international trade.
Themes
Mood
Type
When to use this quote
- business negotiations
- policy advocacy
- economic analysis
Key Concepts
Questions to Reflect On
- What are the biggest obstacles to tax reciprocity?
- How can businesses protect themselves now?
Complex global tax systems may not be easily reformed.