An administrative error. Now on bbc news, all the latest Business News live from singapore. Us markets deliver a Cool Reception to president trumps plan to slash Corporate Tax rates. And living a samsung life. Why south koreas Corporate Giants are so big youd struggle to live without them. Good morning, asia. Hello, world. Glad you could join us for this thursday edition of Asia Business report, im rico hizon. Donald trump is hours away from completing his first 100 days in office, a milestone where the Chief Executive is graded on his progress in office and before the clock ticks down, following through on a Major Campaign promise with a proposal to drastically cut the business tax from 35 to 15 . Well, it is now clear how the white house plans to pay for the cuts which could add some 2 trillion to the National Deficit over the next decade. But the us Treasury Secretary says Economic Growth is both the goal and the solution. We believe we can get back to 3 or higher gdp that is sustai
The white house tells mexico and canada it wont cancel the north American Free trade agreement, but will renegotiate it. The peso and Canadian Dollar soar. Plus, is it Terminalfor Alitalia . Italys Flag Carrier Battles to stay in the sky as its rescuer pulls the plug. Welcome to World Business report. Im aaron heslehurst. Also coming up, raking it in, but are they worth it . Top bosses face their shareholders amid growing concern over excessive boardroom pay. We start with president trump, because once again hes taken the Business World by surprise. The white house has confirmed it has told the leaders of canada and mexico they wont be scrapping the north American Free trade agreement. But instead they will seek to renegotiate the terms of it. That has sent the Canadian Dollar and mexican peso soaring. President trump has repeatedly vowed to pull out from the 23 year old trade pact with the two neighbouring countries, calling it the worst trade deal in history. He already used an execu