Trump's Move to Halt Anti-Bribery Law Sparks Fears of Unchecked Deal-Making Abroad
2025-02-11
The Associated Press - Business News
The decision to halt a US law banning business bribes abroad has sparked concerns of a 'Wild West' of dealmaking, where corporations may feel emboldened to engage in corrupt practices. Proponents of the law argue it has been a crucial tool in combating global corruption, bringing high-profile cases against powerful businessmen who have secretly paid off foreign officials. With the law's future uncertain, experts warn of a potential surge in unethical business practices, undermining efforts to promote transparency and accountability in international trade. Key issues include foreign bribery, global corruption, and corporate accountability.