The ‘revenge tax’ buried deep in the budget bill could turn a trade war into a ‘capital war,’ analyst says

fortune.com/2025/05/31/revenge-tax-section-899-one-big-beautiful-budget-bill-trump-tariffs-capital-war

Section 899 of the “One Big Beautiful Bill” moving through Congress has raised growing alarms on Wall Street, after the once-obscure provision was initially overshadowed by the budget proposal’s estimated impact on the deficit. Deutsche Bank warned that what’s been dubbed the “revenge…

This story appeared on fortune.com, 2025-05-31 21:34:51.
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