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One day after announcing his plan to step down as Starbucks' executive chairman, Howard Schultz didn't rule out a possible presidential run during an interview with CNBC on Tuesday morning.

The big picture: Though Schultz was coy about his future plans, he did lay out his views on a few hot-button issues, highlighting his political opposition to President Trump.

  • On immigration: Schultz said the country's current immigration policy isn't "very humane," adding that border security is not the United States' biggest immigration problem.
  • On trade: Schultz said he doesn't understand the Trump administration's stance on trade, especially concerning China: "Our problem is not China."
  • On the economy: Schultz said that he believes the country should focus on its $21 trillion debt problem and $400 billion in interest: "These are things that are unsustainable."
  • On Trump's tax cuts: Corporations didn't need a 21% tax cut, according to Schultz. "We could've done so much more for people in this country."

Flashback: Schultz has been considered a possible challenger to Trump for some time now — and was similarly non-commital when asked about his presidential ambitions last year.

Go deeper

The rebellion against Silicon Valley (the place)

Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty Images

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it.

Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues.

Erica Pandey, author of @Work
1 hour ago - Economy & Business

Telework's tax mess

Illustration: Annelise Capossela/Axios

As teleworkers flit from city to city, they're creating a huge tax mess.

Why it matters: Our tax laws aren't built for telecommuting, and this new way of working could have dire implications for city and state budgets.

Wanted: New media bosses, everywhere

Illustration: Sarah Grillo/Axios

The Washington Post, Los Angeles Times, Reuters, HuffPost and Wired are all looking for new editors. Soon, The New York Times will be too.

Why it matters: The new hires will reflect a new generation — one that's addicted to technology, demands accountability and expects diversity to be a priority.

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