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Trump to counter Harris with competing economic agenda rollout

  • Former President Donald Trump is set to lay out his own plan to boost the U.S. economy, the Republican nominee's campaign said.
  • The event comes on the first day of the Democratic National Convention, and just days after Vice President Kamala Harris unveiled her own economic agenda.
  • The Trump campaign is working to refocus the ex-president's message on key policy issues after Harris replaced President Joe Biden as the Democratic nominee.

Former President Donald Trump is countering the kickoff of the Democratic National Convention, and Vice President Kamala Harris' recently unveiled economic agenda, by laying out his own plan to boost the U.S. economy, the Republican's campaign said Monday.

The announcement is just the latest indication of the Trump campaign's efforts to refocus his message on policy after Harris became the Democratic nominee, neutralizing many of Trump's attack lines against his former opponent, President Joe Biden.

Trump will share a plan "to unleash American energy and lower costs for American families," the campaign said in a press release Monday morning.

That agenda includes preserving the tax cuts he signed into law in 2017, the release said. Those reforms are set to expire after 2025.

Trump more recently has championed a slew of tax-cutting measures, including eliminating taxes on service workers' tips and ending taxes on Social Security for seniors.

He has also promised to slash Americans' energy prices in half, and he recently suggested implementing sweeping tariffs of up to 20% on imported goods.

He has not detailed how these policy goals will implemented, or how they will be paid for. The Constitution gives Congress the power to levy taxes, meaning any plan to overhaul the tax code will have to

Read more on cnbc.com