Trump tells business leaders he wants to cut regulations by 75% or 'maybe more'

President-elect Donald Trump began his first business day in office by meeting with business leaders Monday, and said he would cut regulations 'by 75 per cent, maybe more'. "We're going to be cutting regulation massively," but the rules will be "just as protective of the people," After meeting business leaders, Mr Trump also warned them he would impose a "very major border tax" on companies that move manufacturing out of the US.