“Anytime I hear border adjustment, I don’t love it,” Mr. Trump told The Wall Street Journal. On Thursday, Mr. Spicer was explicitly suggesting that a border tax could be used to pay for a border wall. The second lesson from the incident is that the Trump administration looks inclined to be flexible in finding ways to satisfy campaign promises without doing major damage to the economy or international relations. The Trump campaign was notoriously light on policy detail, and the Trump administration still has many key vacancies in economic policy jobs. So the gaps are still being filled in on what the Trump administration economic policy will really mean in practice.

Source: New York Times January 26, 2017 23:46 UTC