The world braces for new US tariffs on April 2, “Liberation Day,” potentially sparking a wave of asymmetric countermeasures impacting both goods and services. In Pillar One news, India moved to repeal its 6% digital services tax while the UK signalled it may reconsider its own. In a coalition statement, Germany affirmed its Pillar Two commitment but left room for a change in course – although in quite what direction is not clear.
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