Retaliatory taxes in US budget bill put investors on edge

Concerns mount over levies on interest and dividends dampening investment

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U.S. Senate Majority Leader John Thune, center, has said his chamber will remain in Washington until the One Big Beautiful Bill Act is passed. © AP

SHINICHI ARAKAWA

TOKYO -- The sweeping American budget legislation backed by President Donald Trump and making its way through Congress has caught the attention of markets with a provision that would tack more taxes onto dividends and interest that certain foreign investors earn in the U.S.

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