U.S. President Donald Trump shook up the recent G7 meeting in Canada by declining to sign a joint statement with the other countries’ leaders. Considering the content of that statement, the president made the correct decision.
Admittedly, the clash at the summit over the shape of future trade relations among the G7 countries is less clear-cut. But regarding tax policy, the president had no other choice than to oppose the statement’s endorsement of “international efforts to deliver fair, progressive, effective, and efficient tax systems.”
