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Trump Seeks To Cut Regulations By 75%

Will Donald Trump win the 2024 election?

On the first Monday at work, President Donald Trump said he wants to cut regulations by at least 75 percent.

Trump set his goal to cut regulations while meeting with CEOs from ten companies. Trump also added he wants to cut the business tax rate.

CNBC reports:

At the White House with 10 senior executives, he repeated his campaign pledges to roll back rules on companies, arguing that they have “gotten out of control.”

“We’re going to be cutting regulation massively,” but the rules will be “just as protective of the people,” he told reporters at the meeting that included Tesla Motors CEO Elon Musk and Under Armour CEO Kevin Plank.

In the wide-ranging statement, Trump reiterated campaign promises to cut taxes for businesses, saying he is trying to get the business rate “down to anywhere from 15 to 20 percent” from the current 35 percent. He also said he wants to reward companies that manufacture in the U.S. and impose border taxes on products that American companies make abroad.

In addition to meeting with business leaders, Trump put trade at the top of his early agenda.

The president said he is going to meet with the heads of Canada and Mexico to renegotiate the NAFTA trade agreement and Trump is expected to sign an executive order to remove the U.S. from the Trans-Pacific Partnership agreement.

Trump is hitting the ground running and not wasting any time to deliver on his campaign promises.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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