All articles tagged with #us assets
A provision in the U.S. budget bill, dubbed the 'revenge tax,' could increase taxes on foreign investors from countries with discriminatory tax policies, potentially making U.S. assets less attractive and escalating tensions from a trade war into a 'capital war,' according to analysts and Wall Street experts.
A hidden provision in a US tax bill, Section 899, proposes increasing taxes on foreign investors in US assets, sparking concerns on Wall Street about reduced foreign investment, potential impacts on the dollar, and US financial markets, amid broader trade and fiscal uncertainties.
Senator Tom Cotton proposes a "massive retaliation" against Iran in response to the recent attacks on US assets in the region. Cotton criticizes President Biden for his restrained response and suggests targeting Iranians operating in Iraq and Syria. He argues that a strong response is necessary to deter further attacks and believes that fear of escalation should not prevent decisive action. The Biden administration has faced scrutiny from Republicans over its handling of Iran, including the suspension of Iran envoy Robert Malley. Representative Jake Auchincloss defends the administration's policy, highlighting the impact of sanctions on the Iranian economy.