Failed Trade Negotiations Cast Shadow On Global Tax Talks

By Todd Buell (May 28, 2020, 2:31 PM EDT) -- A failed multilateral trade deal and a yearslong dispute between the U.S. and the European Union over airline subsidies suggest current global negotiations on digital taxes could take years to achieve results.

Roberto Azevêdo, director-general of the World Trade Organization, at a WTO ministerial conference in Nairobi, Kenya, in December 2015. In late 2015, the WTO effectively abandoned the Doha round of trade talks that began in 2001. (Getty Images) Trade experts said the fraying of the multilateral trade system that started to show in the early 2000s as the Doha trade round began to fall apart has become even more apparent...

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