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Retail has good reason to hate a border adjustment tax

  Chief executives from retailers including JC Penney Co., Target Corp. and Best Buy Co. went to Washington on Wednesday to implore President Trump not to follow through with pledges to tax stuff sold in the US but made abroad. Lobbying from companies against the so-called border adjustment tax (BAT) might not be enough to sway Trump, who based much ...

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Trump, Flynn and the politics of credibility

If the scandal surrounding Donald Trump’s national security adviser, Michael Flynn, were merely about whether he broke the law, it would be over. The controversy persists because it calls into question Flynn’s judgment and credibility — and by extension, that of Trump’s administration. Last December, on the day the U.S. enacted sanctions against Russia for interfering in the U.S. presidential ...

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Lee’s arrest may turn up heat on Park

  And lastly it came. Samsung’s Group de facto leader Jay Y Lee was formally arrested over his alleged involvement in massive corruption scandal. It is believed that Lee, scion of the South Korea’s richest family and vice chairman of Samsung’s Electronics, gave bribes worth $36 million to President Park Geun-hye and her close friend, Choi Soon-sil, to help win ...

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