Trump ‘revenge tax’ may open new front in global trade war, with consequences for your wallet

A little-noticed provision in President Donald Trump’s sweeping tax and spending bill could spark the next battle in an escalating global trade war — and potentially unnerve an already rattled market for U.S. Treasurys that is critical to the global economy.

Jun 2, 2025 - 21:32
 0
Trump ‘revenge tax’ may open new front in global trade war, with consequences for your wallet
A little-noticed provision in President Donald Trump’s sweeping tax and spending bill could spark the next battle in an escalating global trade war — and potentially unnerve an already rattled market for U.S. Treasurys that is critical to the global economy.