Goldman Sachs: Trump's "retaliatory tax" provision may make European markets regain investor favor.

Gate News bot message, a Goldman Sachs stock strategist indicated that the provision known as the "retaliatory tax" in the Trump tax bill may weaken foreign investors' interest in U.S. assets and reignite investors' attention on the European markets.

This measure, Article 899, grants the United States the power to impose a tax of up to 20% on foreign individuals with U.S. investments. Strategists point out that by the fourth quarter of 2024, the proportion of European investors' investments in the U.S. has risen from 15% in 2009 to 45%, but there are now signs that this trend is reversing.

European investors have increased confidence in the prospects of the European continent, and investment momentum in the region is also on the rise. Since the beginning of 2025, the Europe Stoxx 600 Index has accumulated an 8% increase.

Source: Jinshi

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)