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Trump Announces US Tax Reform

President Trump says he wants to reform America's tax system and told people in Missouri about his plans to cut corporation tax to 15%.

President Trump says he wants to reform America's tax system and told people in Missouri about his plans to bring the corporation tax rate down to 15%. So what do businesses think? We speak to Ray McCarthy from the Associated Industries of Missouri and Harry Stein at the Center for American Progress think tank. Heavy monsoon rains led the Mumbai authorities to declare an emergency public holiday. We have an update from our correspondent in the city. Also in the programme, the largest US oil refinery has been temporarily shut down because of floodwaters in Texas. It is owned by oil giant Royal Dutch Shell, and we hear from its chief executive, Ben van Beurden, about the impact of Tropical Storm Harvey on its operations. Following the acquittal in Senegal of a man prosecuted for burning a Central African Franc banknote, we hear why the currency has become controversial. Plus we have a report from Serbia on a boom of artisanal ice cream makers in the capital Belgrade.

(Picture: President Donald Trump arriving to speak about tax reform plans in Springfield, Missouri. Credit: Getty Images)

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27 minutes

Last on

Wed 30 Aug 2017 22:32GMT

Broadcast

  • Wed 30 Aug 2017 22:32GMT