Trump’s economic agenda takes center stage in New York speech

In a significant address at the Economic Club of New York, Republican presidential candidate Donald Trump outlined his economic agenda, promising to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S., cut regulations, and audit the federal government. He emphasized his commitment to “low taxes, low regulations, low energy costs, low interest rates, secure borders, [and] low, low, low crime,” contrasting his plans with those of his Democratic rival, Kamala Harris. Mr. Trump proposed additional measures to boost domestic manufacturing and corporate research, including immediate writeoffs for capital expenses and an expanded tax credit for research and development. A second Trump administration would also establish a government efficiency commission headed by billionaire supporter Elon Musk, “tasked with conducting a complete financial and performance audit of the entire federal government.” “I look forward to serving America if the opportunity arises,” the Tesla chief wrote on X on Thursday. “No pay, no title, no recognition is needed.”