Trump declares U.S. exempt from previously agreed global corporate tax pact

Trump has announced the withdrawal of the global minimum tax for large corporations. This probably does not bode well for Germany and international tax justice.

Does US exit spell the end for global tax reform deal? – INTELLI.NEWS

Claiming unfair treatment for American companies Donald Trump has left the OECD’s global tax deal negotiations by executive order. Without the deal, countries could opt for “digital service taxes” of their own. Source

Donald Trump declares war on EU with threat of double taxes

Mr Trump has also withdrawn the US from the Global Tax Deal - an agreement on a global minimum corporation tax.

The risk is to witness a new transfer of savings from Europe to America, attracted by low-taxed companies and alternative and poorly regulated financial instruments. With negative repercussions on the euro

Is Trump Pivoting From a Trade War to an International Tax Fight?

The Trump 2.0 era may have officially begun this week, but the much-hyped tariff-fueled trade war has not. At least, not yet. In a wide-ranging session with reporters late Monday, the newly inaugurated Donald Trump threatened to levy 25% tariffs on Canadian and Mexican goods starting as soon as February 1, while saying that tariffs on China — potentially as high as 100% — could be tied to the potential sale of TikTok to a US entity. By Tuesday, …

The American president is turning his back on the OECD and rejecting the tax on digital giants.