After one hundred days of steering the world’s biggest economy, there is some evidence to suggest that US President Donald Trump is having to adapt to economic reality.
Trump has said in a tweet that the 100 days milestone is a ridiculous standard. But analysts and journalists look at the first 100 days because this is usually the best time for a president to push through new legislation.
So what has actually happened over the past three months?
On the eve of the 100 day deadline, Trump announced what he described as the biggest tax cuts in US history. But he didn’t say how he would pay for them. His administration says the plan will simplify the US Tax system by reducing the number of tax brackets and cutting the corporate tax rate by more than half. Diane Eastabrook reports from Washington, DC.
What about the other big campaign promises?
Trump vowed to get rid of bad trade deals, as evidenced by his pulling out of the Trans-Pacific Partnership (TPP) agreement. But since then his tone has softened.
At the president’s summit with China’s Xi Jinping, the two leaders seemed eager to avoid a trade war. Trump also decided not to formally label China as a currency manipulator.
Similarly, he’s decided not to pull out of the North American Free Trade Agreement (NAFTA) but instead, he wants to negotiate with Mexico and Canada.
So what about building a wall and getting Mexico to pay for it? Democrats say they won’t authorise funding for it. So Trump didn’t force a government shutdown over it.
Commenting on where Trump stands on global free trade, Fredrik Erixon, Director of the European Centre for International Political Economy (ECIPE) says “what we’ve seen is an administration on a steep learning curve in terms of trade policy and what they actually can do.”
More from Counting the Cost on:
YouTube – http://aje.io/countingthecostYT
Website – http://aljazeera.com/countingthecost/
Subscribe to this channel
Every day we bring you the top trending videos and news being shared around the web. What’s Trending also gives you access to your favorite digital stars and The pulse of what’s trending on YouTube. Check out the latest music videos, trailers, comedy clips, and everything else that people are … Trending this Week.
Trending videos are any videos that YouTube users are interacting with at a very high rate. Often these videos were recently uploaded (a day or so ago). As previously mentioned, you can view the current trending videos under the “Trending” tab on the YouTube homepage, even if you’re not logged in or don’t have an account.
For brands, the goal of creating trending content isn’t necessary. It could be a shoot-for-the-stars goal, because if one of your videos goes viral, it could end up on the trending page and thus gain significant exposure to your company. However, silly commercials, like those on the Super Bowl, have ended up as trending YouTube videos shortly following their television debut
Would you like to support the website? Please visit our patreon page here! https://www.patreon.com/Likke
We don’t expect or assume anyone will contribute any more to our crazy projects than simply watching our videos. We appreciate that by itself. But if you feel like contributing more, it’ll all go back into creating more stuff.
I created Likke Studios 5 years ago and to see what it has gone on to do is more then I ever imagined. Now we want to take things to the next level. We want to continue making new original content. We want to continue working with talented actors and actresses and discover great new talents. Most importantly we want to bring you the best Entertainment you can ever ask for.