Home Business Trump To Outline Economic Policy As He Seeks To Regain Momentum

Trump To Outline Economic Policy As He Seeks To Regain Momentum

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Republican U.S. presidential nominee Donald Trump attends a campaign event at Windham High School in Windham, New Hampshire August 6, 2016. REUTERS/Eric Thayer

Republican presidential nominee Donald Trump on Monday will outline an economic plan that includes tax help for working families in a major speech in Detroit as he tries to regain momentum lost from a series of self-inflicted wounds.

Trump is to speak at noon EDT (1600 GMT) to the Detroit Economic Club and advisers said he will focus on trade, taxes, immigration and regulation. The club, whose members are area business leaders, is a traditional venue for political candidates to discuss their economic vision.

The Detroit speech will be Trump’s first on the economy since announcing a 13-man team of economic advisers last week. It also comes after he slogged through perhaps his worst week as a candidate, getting entangled in a fight with the Muslim parents of an American soldier slain in Iraq in 2004 and sparring with Republican Party leaders.

A Trump campaign aide, who asked not to be identified, said Trump’s economic plan will lessen the tax burden on parents who pay for childcare because “we don’t want it to be an economic disadvantage to have children.”

Trump also will propose stronger protections for American intellectual property and a temporary moratorium on new regulations, the aide said.

Trump’s plans also include proposing a 15 percent corporate tax rate, an idea that is on his website. The current federal rate is 35 percent.

[vc_btn title=”More on Trump’s economic plan” style=”outline” color=”primary” link=”url:http%3A%2F%2Fwww.reuters.com%2Farticle%2Fus-usa-election-idUSKCN10J0YL%3Fil%3D0|title:More%20on%20Trump’s%20economic%20plan|target:%20_blank|”][vc_message message_box_style=”3d” message_box_color=”turquoise”]By STEVE HOLLANDReuters, excerpt posted on  SouthFloridaReporter.com Aug. 8, 2016 [/vc_message]