Among President Trump's many promises has been a cut in taxes for both households and businesses. So what might a Trump tax plan look like, and what might it mean for the rest of the world? Economist Irwin Stelzer from the Hudson Institute gives us his analysis.

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The P4 laboratory, on the campus of the Wuhan Institute of Virology, in Wuhan, in China's central Hubei province. (Hector Retamal/AFP via Getty Images)