Ireland on alert as Trump pulls US out of global tax deal
DUBLIN, Ireland: Ireland faces potential economic challenges after U.S. President Donald Trump announced the withdrawal of the United States from the OECD's global corporate tax agreement.
The deal, established in 2021, sets a minimum corporate tax rate of 15 percent and permits other nations to levy top-up taxes on U.S. multinationals operating within their borders.
Trump's executive order also threatens