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Donald Trump touts economic plan to slash prices and taps Elon Musk to help

Former president vows to cut taxes, pare regulations, boost fossil fuels and raise tariffs

Donald Trump has unveiled a sweeping plan to lower prices and cut red tape and said he would appoint the world’s richest man Elon Musk to help him, as he put the economy at the heart of his White House campaign.

Speaking at the Economic Club of New York on Thursday, the Republican presidential candidate vowed to boost US energy output, cut taxes and reform the country’s regulatory regime — and sought to draw a contrast with Kamala Harris’s economic vision.

“She’s promising communist price controls, wealth confiscation, energy annihilation, reparations, the largest tax increase ever imposed and mass amnesty and citizenship for tens of millions of migrants who will consume trillions of dollars in federal benefits and destroy social security and Medicare,” Trump said.

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