Trump Tax Reform Contains Little Discussed Trade War Component

The major focus of stock market investors since the Donald Trump election has been on positive factors for stock prices, such as regulatory reform and, specifically, Trump tax reform. An RBC Capital Markets report, however, goes into detail and uncovers a specific tax proposal that could dramatically impact different retail sectors. Two tax reform measures receive positive marks from RBC, one is neutral and one is… The House Republican tax plan, spearheaded by Speaker Paul Ryan (R-WI), was categorized as a “kissing cousin” to President-elect Donald Trump’s tax proposals.  When Kevin Brady (R-TX) made those comments, however, he might not…