2011: TRUMP SAID HE WOULD IMPOSE A 25% TAX ON CHINESE PRODUCTS Trump Said He Would Immediately Announce A 25% Tax On Chinese Products. TRUMP: “And if you read the real economists and real people that know what's going on it's an unfair playing field. So here's what happens. You said what would I do? I would immediately announce a tax of 25 percent. The first thing that's going to happen is the Chinese are going to call.”[Piers Morgan Tonight, Fox News, 2/9/11] DONALD TRUMP WANTED TO CALCULATE TAXES ON IMPORTS BASED ON DEVALUATION OF THE COUNTRY’S CURRENCY, AND HAVE A SET TAX ON CHINESE GOODS In Donald Trump’s “Time To Get Tough,” Which Was Reissued In 2015, Trump Suggested Calculating Taxes On Imports Based On The Devaluation Of The Country’s Currency And Setting A 25% Tax On Chinese Goods, But Trump Suggested A 12% Tariff On Chinese Products In A September 2015 Interview. “Mr. Trump’s 2011 book ‘Time to Get Tough’ has just been reissued in paperback with a new subtitle to match his campaign slogan ‘Make America Great Again.’ … In the book Mr. Trump suggests calculating taxes on imports based on how much a country’s currency is devalued and setting a 25% tax on Chinese goods if they don’t set a real market value on their currency. In an interview with The Economist this week, he suggested a 12% tariff on Chinese products.” [Wall Street Journal, Washington Wire blog, 9/4/15] TRUMP BRAGGED ABOUT HIS OWN USE OF TAX SUBSIDIES The Daily Beast: Donald Trump Bragged About Dodging NYC Taxes And Getting A Taxpayer-Funded Subsidy. “The ex-reality TV star’s love of cronyism extends beyond eminent domain and into tax dodging. In his Art of the Deal memoir, Trump bragged about obtaining a 40-year property ‘tax abatement’ from the City of New York so he could build a hotel. While an ‘abatement’ sounds like innocuous tax benefits, in effect it’s a taxpayer-funded subsidy similar to those sports team owners receive when they build new stadiums.” [The Daily Beast, 10/8/15] TRADE TPP Trump: “Stop TPP” “New orders for manufacturing down 9/10 months http://hotair.com/archives/2015/07/02/june-jobs-report-223k-added-but-432k-left-workforce-april- may-revised-down-60k/ … Time for fair trade. Stop TPP!” [@realDonaldTrump, Twitter, 7/2/15] FREE AND FAIR TRADE Trump: “I’m Not An Isolationist.” KING: “Are you as much of an isolationist in that area as Buchanan is?” TRUMP: “I'm not an isolationist. What I am, though, is I think that you have to Confidential Page 178
Donald Trump Report-DNC Page 195 Page 197