In his interview with Axios, the president-elect walked back comments from an earlier chat with the Wall Street Journal in which he said he thought a tax reform strategy called "border adjustment" was "too complicated."

Trump said that the Journal's piece "didn't totally reflect [his views] accurately." He told Axios the idea is "certainly something that is going to be discussed" in negotiations with Congressional Republicans over their forthcoming corporate tax reform plan.

What is border adjustment? A tax policy that penalizes companies that import products from abroad and benefits ones that keep production in the United States. The change will be fought tooth and nail by retailers and other firms with large import expenses, but it will raise significant revenue, allow a big headline corporate tax cut, and adjust the tax code to support U.S. employment.

Why the change of tune? Paul Ryan publicly defended border adjustment through a spokesperson on Tuesday — evidence that this is an issue that Republicans on the Hill will go to bat for. The reason is simple arithmetic. Border adjustment is estimated to raise roughly $1 trillion in new revenue, helping to pay for the bulk of the House reform plan, and it also can be sold as worker and export friendly — two must-haves for Trump's base.

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Robert Mueller speaks out on Roger Stone commutation

Former Special Counsel Robert Mueller testifies before the House Permanent Select Committee on Intelligence on Capitol Hill on Wednesday July 24, 2019. Photo: The Washington Post / Contributor

Former special counsel Robert Mueller responded to claims from President Trump and his allies that Roger Stone was a "victim" in the Justice Department's investigation into Russian interference in the 2016 election, writing in a Washington Post op-ed published Saturday: "He remains a convicted felon, and rightly so."

Why it matters: The rare public comments by Mueller come on the heels of President Trump's move to commute the sentence of his longtime associate, who was sentenced in February to 40 months in prison for crimes stemming from the Russia investigation. The controversial decision brought an abrupt end to the possibility of Stone spending time behind bars.

Trump dons face mask during Walter Reed visit

Trump wearing a face mask in Walter Reed National Military Medical Center on July 11. Photo: Alex Edelman/AFP via Getty Images

President Trump wore a face mask during his Saturday visit to Walter Reed National Military Medical Center, according to AP.

Why it matters: This is the first known occasion the president has appeared publicly with a facial covering as recommended by health officials since the coronavirus pandemic began, AP writes.

Updated 10 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5:30 p.m. ET: 12,607,510 — Total deaths: 562,338 — Total recoveries — 6,948,863Map.
  2. U.S.: Total confirmed cases as of 5:30 p.m. ET: 3,228,884 — Total deaths: 134,600 — Total recoveries: 983,185 — Total tested: 38,919,421Map.
  3. Public health: Jimmy and Rosalynn Carter: "Please wear a mask to save lives" Fauci hasn't briefed Trump on the coronavirus pandemic in at least two months — We're losing the war on the coronavirus.
  4. Food: How the coronavirus pandemic boosted alternative meat.
  5. Sports: Charge of "money grab" by college football.
  6. World: India reimposes lockdowns as coronavirus cases soar.