The United States is introducing new tax levies targeting foreigners, a move critics say could worsen international relations. The tax code changes aim to raise revenue and limit deductions available to foreign-born individuals.
According to proponents, this change will increase government income without relying on tariffs alone. However, some argue that such measures may backfire by creating more tension between the US and its trading partners.
Source: https://www.economist.com/united-states/2025/05/29/america-has-found-a-new-lever-to-squeeze-foreigners-for-cash