Will U.S. tax reform lead to trade war?
As part of a broader corporate tax reform, Congressional Republicans and the Trump Administration are pondering border tax adjustment with the effect of supporting exports and discouraging imports. Border tax adjustment is a hugely controversial topic that for decades provoked debates at the GATT/WTO about what rules that should apply for preventing domestic taxes to distort competition. If the Trump Administration now goes for a border tax adjustments, what form is it likely to take? Will it stand up to WTO rules? How would it affect Europe’s trade with the United States? Should Europe take action to countervail its effects?
Please join us for a panel discussion about one of the hottest topics in current trade policy.
Elena Bryan, Senior Fellow at ECIPE
Rod Hunter, Partner, Baker McKenzie and former National Security Council senior director for international economics, the White House
Petros Mavroidis is Professor of Global and Regional Economic Law at the European University Institute in Florence and the Edwin B. Parker Professor at Columbia Law School in New York
Edwin Vermulst is Founding Partner of VVGB law firm and editor-in-chief of Journal of World Trade