Bloomberg Tax Quotes Peter Barnes on Global Tax Deal on Hold Due to Tariffs

Global tax talks will grind to a halt as nations—including some of the US’s closest allies—turn their full attention to the emergency created by President Donald Trump’s sweeping punitive tariffs.

. . .

I think the tariffs and the trade just suck up all of the bandwidth for finance tax leaders in every country,” said Peter Barnes, Of Counsel at Caplin and Drysdale.

Tariffs will put any conversation about the global tax deal “off into the future,” he added.

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