Despite fears of a global tax war, Donald Trump has a chance to make peace

May Be Interested In:Xi Jinping swings his “assassin’s mace” of economic warfare


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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