Trump ‘revenge tax’ may open new front in global trade war, with consequences for your wallet - MarketWatch
1. House bill could impose tax on foreign owners of U.S. Treasuries. 2. Tax uncertainty may decrease demand for U.S. debt among foreign investors. 3. Higher Treasury yields indicate rising borrowing costs and investor concerns. 4. Increased fiscal deficits may worsen due to the proposed tax measures. 5. Economic nationalism may alter U.S. engagement with global capital flows.