Despite fears of a global tax war, Donald Trump has a chance to make peace
A global minimum tax on companies ought to be acceptable to America
That Donald Trump may unleash a global trade war is a frightening but familiar risk. Less well understood is the danger that he may also provoke a tax war. One of his first actions on returning to the White House was to warn other countries that if they adopt tax policies America dislikes, he may double tax rates on their companies and even their citizens.
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This article appeared in the Leaders section of the print edition under the headline “Tax harmonies”
Leaders February 1st 2025
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- Despite fears of a global tax war, Donald Trump has a chance to make peace
From the February 1st 2025 edition
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