With the market taking a closer look at the "One Big Beautiful Bill Act" after it was narrowly passed by the US House of Representatives on May 22, a clause called Section 899 has caught the attention of investors worldwide by including a new set of "retaliatory" taxes on inbound foreign investment.

The bill, passed by a single-vote margin, would fulfill many of Trump's populist campaign pledges. All of the chamber's Democrats and two Republicans voted against it. One Republican missed the vote because he had fallen asleep.