Trump to instigate tax-reform push

The US president, Donald Trump, will begin a major push, next week, to convince the American public of the need for tax reform, shifting his focus to fiscal policy in an effort to win a big legislative victory by the end of the year, it has been reported.

Mr Trump will begin the effort next Wednesday, with a speech in Missouri, the first in a series of addresses to generate public support on the issue, Gary Cohn, director of the US National Economic Council, told the Financial Times.

“We are completely engaged in tax reform,” Mr Cohn said. “Starting next week, the president’s agenda and calendar is going to revolve around tax reform. He will start being on the road, making major addresses justifying the reasoning for tax reform.”