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

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

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

U.S. President Donald Trump says he is ending trade talks with Canada and will impose additional tariffs within a week in ...

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

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 ...