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 ...

House GOP members on Thursday announced they would remove a retaliatory tax measure from their sweeping domestic policy ...

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 ...

Prime Minister Mark Carney says he did not speak Friday with Donald Trump before the U.S. president announced a sudden end to ...

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

The provision, officially known as Section 899 and informally known as the “revenge tax,” was drafted by House Republicans ...

Congressional Republicans agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill on ...