Full CoverageThe ‘revenge tax’ is dead before it even started
By John Towfighi
Top news
Lawmakers remove ‘revenge’ tax provision from Trump's big bill after Treasury Department request
By Josh Boak & Fatima Hussein
G7 agrees to avoid higher taxes for US and UK companies
By Harshita Meenaktshi, Promit Mukherjee & Bipasha Dey
GOP agrees to drop 'revenge tax' from megabill after Bessent cites progress in global talks
By Brian Faler
US multinationals on track for minimum tax reprieve after G7 deal
By Emma Agyemang, Claire Jones & Paola Tamma
All coverage
G7 Backs Plan for ‘Side-by-Side’ Tax System to Avoid U.S. Fight
By Alan Rappeport & Colby Smith
How Trump’s ‘revenge tax’ brought the world to its knees
By Hans van Leeuwen
How Trump's tax triumph will cost Australians dearly
By Ian Verrender
Bessent Says Proposed ‘Revenge Tax’ No Longer Needed
By Richard Rubin
U.S. Republicans agree to drop retaliatory tax from Trump’s budget bill, citing G7 agreement
By Bill Curry
Revenge tax gets axed
By Aris Folley
Section 899—The ‘Revenge Tax’ That Didn’t Survive
By Andrew Leahey
Barclays CEO Hails Possible Scrapping of Trump Retaliatory Tax
By Tommy Reggiori Wilkes & Lawrence White
Treasury chief warns GOP over ‘retaliatory’ tax on global investors
By Andy Sullivan, David Morgan & Bo Erickson
Treasury Secretary Scott Bessent asks Congress to strip ‘revenge tax’ from Big Beautiful Bill
By Victor Nava
Trump’s ‘revenge’ tax has energy companies worried
By Timothy McDonnell
Treasurer Jim Chalmers hails 'really welcome' removal of US 'revenge tax'
By Paulina Duran & Hugo Mathers
GOP drops 'revenge tax' after Bessent announces agreement
By Ebrima Santos Sanneh
The US tax bill: Implications for the economy and markets
By Michael Feroli
Congress to Drop Provision 899 From Budget Bill
By Therese Fitzgerald
Bessent asks lawmakers to rid US budget bill of Trump's retaliatory tax plan after G7 deal
By David Lawder & Bhargav Acharya
Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street
By Lauren Vella & Daniel Flatley
Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
By Alan Rappeport & Colby Smith
Bessent asks Congress to drop 'retaliatory' tax as Republicans struggle to rewrite bill
By Andy Sullivan, David Morgan & Bo Erickson
Barclays CEO hails possible scrapping of Trump retaliatory tax
By Tommy Reggiori Wilkes & Lawrence White
US Treasury asks Congress to scrap foreign revenge tax in Trump bill
By Emma Agyemang, Claire Jones & Stephen Foley
Bessent calls on Congress to scrap ‘revenge tax’ from Trump bill after G7 strikes deal
By Tobias Burns & Sylvan Lane
Republicans in Congress agree to drop retaliatory proposal to raise taxes for Canadian companies
By Fatima Hussein & Josh Boak