A Civil War Within a Trade Dispute

“What began as an obscure trade dispute between Europe and the United States has turned into a political brawl over $100 billion in corporate tax breaks that pits many of America’s biggest companies against one another.

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Business interests are so divided and the corporate intrigue so intense that Congress has become all but paralyzed over the issue. Indeed, many of Washington&#8217;s high-priced tax lobbyists have clients on both sides of the fight.<br /> <br /> &#8230;



But if the United States refuses to eliminate or fundamentally change the break, it could ignite a trans-Atlantic trade war. The European Union is entitled to impose up to $4 billion in retaliatory tariffs on American exports