Border Tax

The potential of a global trade war has some investors concerned as it could impact multiple sectors, especially retail. But much like President Donald Trump's proposed border tax in 2017, the retail industry is unified and ready to make the case why a trade war should be avoided, according to...

Much ado about nothing, part two. After sending ripples of fear through trade-exposed textile and apparel companies, Republicans dropped the controversial border adjustment tariffs from tax reform blueprints Thursday. "While we have debated the pro-growth benefits of border adjustability, we...

Samuel Allen is the CEO of Deere & Company (NYSE: DE) and was a guest on CNBC's "Squawk Alley" segment on Thursday to talk about President Donald Trump's infrastructure plan and tax cuts. Infrastructure Plan The White House is now expected to release details of its $1 trillion infrastructure...

President Trump's proposed border adjustment tax is intended to put American manufacturers and exporters on a more equal playing field with their international peers. But according to CNBC's Leslie Picker, hedge funds could also emerge a big winner under any new tax system. Picker explained...

Retailers are already having a tough 2017. So needless to say, President Donald Trump's proposed border tax could make matters even worse. But the negative aftermath isn't the only outcome, as any changes to tax policies will generate a few winners. One form of the tax plan, dubbed the "Ryan tax...

Many retail executives have serious concerns over President Trump's proposed border tax, but they might be wrong, at least according to Prof. Phillip Swagel of the University of Maryland's School of Public Policy. In an op-ed published on CNBC, Swagel suggested retail executives are "...

President Donald Trump's proposed border tax adjustment is considered by some a tax that will kill many industries and set the consumer back thousands of dollars a year. But that isn't necessarily the case, at least according to Martin Feldstein, a professor of economics at Harvard University....

President Donald Trump and members of Congress met with a group of retail CEOs earlier this week and details of what was discussed behind closed doors have been scarce. On Friday, CNBC spoke with J C Penney Company Inc (NYSE: JCP)'s CEO Marvin Ellison who was present at the meeting. Ellison told...

Andrew Liveris is the CEO of Dow Chemical Co (NYSE: DOW) and also leads President Donald Trump's manufacturing council. Speaking to CNBC's Sara Eisen on Thursday, Liveris explained why he believes Trump is leading the "most pro-business administration since the founding fathers." Liveris started...

For the first time as Treasury Secretary, Steven Mnuchin sat down for an interview with CNBC's Becky Quick Thursday. Mnuchin was asked if he views the stock market trading at a historical all-time high is a valid barometer of the administration's success. His answer was "absolutely," and the Trump...

President Donald Trump hosted retail CEOs at the White House Wednesday. While details of the talks remain scarce, it is reasonable to assume the discussions focused on Trump's proposed border tax, which will levy an import duty on items manufacturing outside of the United States. Steve Sadove,...

Toymaker Hasbro, Inc. (NASDAQ: HAS) has seen its stock soar more than 25 percent since the start of 2017 and is trading near its all-time highs of $98.76. On Thursday the company's CEO Brian Goldner was a guest on CNBC's "Squawk Box" segment to offer his take on President Trump's proposed border...

There are two sides to every coin. Even as import-dependent corporations are vociferously opposing President Donald Trump's proposal to impose a border tax, a few others have quietly formed an alliance, seconding the president's proposals. United By Trump's Border Tax A Reuters report published...

Retail stocks are off to a poor start in 2017, so the last thing they want is the implementation of President Trump's proposed border tax that could make products more expensive for consumers. Trump invited a group of retail and department store CEOs to the White House on Wednesday to share...

Investors remain concerned what effect, if any, President Donald Trump's proposed "border tax" would have on apparel and fashion companies. Benzinga reached out to Gildan Activewear Inc (USA) (NYSE: GIL) to ask Sophie Argiriou, the company's vice president, investor communications, exactly that....