“China is counting on American democracy to be too slow, too limited, too divided to keep up,” he said. The president of United States, Joe Biden, while delivering his comments on the American Job Plan, according to Reuters.
Additional declarations
“We will not impose any tax increases on people who earn less than $ 400,000 a year.”
“The 28% corporate tax proposal is not fooling them.”
“I am willing to hear a proposal for a corporate tax rate lower than 28%.”
Market reaction
These comments do not appear to have a significant impact on market sentiment. At the time of writing, the S&P 500 index it was up 0.12% on the day to 4,079.
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