
qinbafrank|May 30, 2025 11:47
The Great Beauty Act is a comprehensive bill that covers budget, tax cuts, debt ceiling, defense spending, and other aspects. Its content is complex and it is easy to hide a few nails inside. This OBBBA clause, which states that "once a company is classified as a 'discriminatory foreign' investor or enterprise, it will face higher taxes," does indeed look like Chuanbei providing itself with a more powerful weapon in trade negotiations.
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