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'Exporter tax credit' being floated as way to save US companies

Because rolling back the tariffs would be too embarassing, so they've got to devise a convoluted strategy instead....


Per BBG:

Trump administration officials are debating the merits of creating a new exporter tax credit, a move that offers an implicit acknowledgment of the harm that the White House’s tariff policies risk inflicting on US companies.

The rebate, which would be geared toward boosting US manufacturers, would be issued at the end of the year to offset the effects of retaliatory tariffs as American companies seek to sell their goods in foreign markets, according to people familiar with the deliberations.

The credit, which would require congressional approval, could also apply to companies that export services abroad, said the people, who requested anonymity to discuss private talks.


https://www.bloomberg.com/news/articles/2025-04-07/trump-team-considers-exporter-tax-credit-as-tariff-counterweight


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