CLEAN : Trump promises tax cuts and firebrand diplomacy

The video discusses a plan to cap tax deductibility and simplify the tax code, aiming to boost the American economy by reducing deductions and loopholes. It also highlights the need to renegotiate military costs and trade deals with wealthy countries to reduce national expenses.

What are the implications of reducing deductions and loopholes for special interests?

In what ways does the speaker suggest the current military protection agreements are financially disadvantageous?