By Ginger Gibson
WASHINGTON (Reuters) - President Donald Trump will meet on Wednesday with the chief executive officers of eight large retailers, including Target Corp , Best Buy Co Inc and J.C. Penney Company Inc , to discuss tax reform and infrastructure improvements, according to people with knowledge of the meeting.
A White House official confirmed the meeting between retail CEOs and Trump will take place on Wednesday morning.
The meeting will include Target CEO Brian Cornell, Best Buy CEO Hubert Joly, Gap Inc CEO Art Peck, Autozone Inc CEO William Rhodes, Walgreens Boots Alliance Inc CEO Stefano Pessina, J.C. Penney CEO Marvin Ellison, Jo-Ann Stores LLC CEO Jill Soltau and Tractor Supply Co CEO Gregory Sandfort, according to those familiar with attendees.
The retailers oppose the border adjustment tax, a Republican proposal that would cut corporate income tax to 20 percent from 35 percent, exclude export revenue from taxable income and impose a 20 percent tax on imports.
(Reporting by Ginger Gibson; Additional reporting by Steve Holland; Editing by Lisa Shumaker)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
