Tax Execs Plot Response to Fallout from Trump’s Trade Threats

Companies are marshaling tariff experts, bolstering their political networks and seeking out countries with stable tax systems—all in a bid to inoculate themselves from the tax policy uncertainty ushered in by the new Trump administration.

President Donald Trump and Republicans’ zeal for tariffs and retaliatory taxes has the US on the path to a global trade war. The president promises 25% tariffs on Canada and Mexico starting Feb. 1, and previously floated the idea of blanket tariffs on all US imports.

Trump, in a Jan. 20 memo, also withdrew the US from any commitments made by the Biden administration ...