US Tax on Foreign Money Is Power Play, Commerzbank Analyst Says A proposed measure in Donald Trump’s flagship tax-and-spending bill is a sign that the US administration is exploring new tools to force other countries to bend to its will, according to Ulrich Leucht...

#ForeignInvestors sees that #Congress #Section899 aims to hold them hostage in a #CapitalWar to go with #Trump's #TradeWar. If #Republicans pass that big blowout-deficit bill, demand for #USTreasuries will implode. Especially #Canada, #UK, #France and #Australia, which tax #DigitalServices.

Obscure Tax Item in Trump’s Big Bill Alarms Wall Street Buried deep in the more than 1,000-page tax-and-spending bill that President Donald Trump is muscling through Congress is an obscure tax measure that’s setting off alarms on Wall Street and beyond.

Madness: #Republicans in #Congress aim to tax #ForeignInvestors much more if #Trump doesn't like them—using #Section899 to "transform a #TradeWar into #CapitalWar " if he wishes. They're already spooked about imperial #tariffs and hesitant about buying & owning #USTreasuries as the #deficit soars.