In section 899 of the bill, Trump proposed what has become known as a “revenge tax”, which gave him a new power to punish countries that had tax regimes he didn’t like. If Britain’s taxes displeased ...

U.S. President Donald Trump said Friday he is "terminating all discussions on trade with Canada" over Ottawa’s plans to push ahead with a digital services tax.

A retaliatory tax that would have exposed U.S. jobs and retirement savings to risk is likely to be scrapped from Trump’s ...

The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign ...