U.S. foreign tax bill sends jitters across Wall Street

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U.S. foreign tax bill sends jitters across Wall Street

cnbc.com/2025/05/30/us-set-to-weaponize-taxes-on-foreign-investors-via-section-899.html

While U.S. President Donald Trump's tariffs play out in U.S. courts, another one of his laws could weaponize the American tax system.
Investment banks and law firms warn this step could prove to be as significant as the impact of duties on investors.
The "One Big Beautiful Bill Act,"…

This story appeared on cnbc.com, 2025-05-30 09:04:45.