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flag New Trump tax bill provision may tax foreign firms, risking 360,000 U.S. jobs and $55B in GDP over a decade.

flag Trump's tax bill passed in the House includes a provision, Section 899, that could impose taxes on foreign companies and investors from countries seen as charging "unfair foreign taxes" on U.S. firms. flag Critics argue this could discourage international investment, potentially costing the U.S. 360,000 jobs and $55 billion annually in GDP over 10 years. flag The Senate will decide the provision's fate and its impact on the economy.

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