Deutsche Bank Warns of US ‘Revenge Tax’ Impacting Global Markets

Deutsche Bank has issued a warning that the US government’s proposed ‘revenge tax’, targeting foreign investors, could ignite a global financial conflict known as a ‘capital war’. This tax, introduced by former President Trump, aims to increase rates on passive income streams, potentially reducing the effective yield of US Treasury securities for foreign investors. The potential impact is significant, as Deutsche Bank highlights that this could transform existing trade tensions into a more direct and damaging battle over financial resources.