About this event

GMF, in partnership with the Tax Foundation, invites you to a timely conversation on the trade and tax dynamics shaping the transatlantic relationship in 2026.

The discussion will examine key issues, including the future of the US–EU trade deal of August 21, 2025, and the rollout of the OECD’s Pillar Two global minimum tax rules and “side-by-side” arrangement.

Recent tensions over Greenland prompted Brussels to consider retaliatory trade measures, including the reactivation of a suspended €93 billion tariff package and, for the first time, potential use of the EU’s Anti‑Coercion Instrument.These developments, alongside the European Parliament’s temporary suspension of approval of the US-EU trade deal, cast fresh doubt on the durability of that agreement.

At the same time, the package for a Pillar Two “side-by-side” arrangement was announced on January 5, following months of intense negotiations, reshaping corporate tax planning and compliance strategies worldwide.

These shifts, combined with ongoing disputes over Digital Services Taxes (DSTs) and other nontariff barriers, underscore a new era in which trade, tax, and geopolitics are increasingly intertwined. Coordinated strategies are required to avoid fragmentation and maintain transatlantic economic stability. The session will provide an understanding of the current state of play, actionable takeaways, and a forward-looking perspective for 2026.

The discussion will convene leading voices from across industry and the policy community. GMF Innovation and Competitiveness Senior Vice President Penelope (Penny) Naas will moderate.    

Event Speakers