- The European Central Bank should play a larger role in stabilizing global financial markets.
- The US may impose tariffs on countries with taxes it considers discriminatory.
- A trade war could occur if the US counters value-added taxes with tariffs.
- This would disproportionately affect Europe.
- The ECB would need to provide more currency liquidity.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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