border adjustment tax

Much ado about nothing, part two. After sending ripples of fear through trade-exposed textile and apparel companies, Republicans dropped the controversial border adjustment tariffs from tax reform blueprints Thursday. "While we have debated the pro-growth benefits of border adjustability, we...

Canadian Prime Minister Justin Trudeau is facing off against U.S. House Speaker Paul Ryan over a Republican plan to impose higher tariffs on imports, a key part of the GOP’s tax overhaul. At issue is the so-called “border adjustment tariff,” part of a corporate plan that would...