Ulrich Leuchtmann, head of foreign exchange research at Commerzbank, said that one of the measures proposed in US President Trump's flagship tax and expenditure bill shows that the US government is exploring new tools to force other countries to yield to its will. If signed into law, the bill could drive away foreign investors who have begun to rebalance their portfolios to deal with Trump's unpredictable policy making and America's huge fiscal deficit. It's a way for America to show its power. “Section 899 indicates that what people fear is happening.” “The US government now realizes that tariffs are not a simple tool to force other countries to comply with regulations, so other measures are needed.”

Ulrich Leuchtmann, head of foreign exchange research at Commerzbank, said that one of the measures proposed in US President Trump's flagship tax and expenditure bill shows that the US government is exploring new tools to force other countries to yield to its will. If signed into law, the bill could drive away foreign investors who have begun to rebalance their portfolios to deal with Trump's unpredictable policy making and America's huge fiscal deficit. It's a way for America to show its power. “Section 899 indicates that what people fear is happening.” “The US government now realizes that tariffs are not a simple tool to force other countries to comply with regulations, so other measures are needed.”