Trump’s tax reform bill in 2017 cut the top corporate tax rate from 35% to 21%, and he has vowed on the campaign trail to lower it further to 15% if he’s elected to a second term in the White House. As well as the tax cuts, analysts have also flagged the risks associated with Trump’s proposed 10% tariff on all U.S. imports, widely criticized as a net negative for the U.S. economy and consumers.