Will Trump s trade plan B backfire too? Is the aim to impoverish Americans in order to impose an WEF elite led tyranny more easily?

Trump s new plan to charge foreign investors in US treasuries and financial assets a new tax could backfire and result in reducing demand for US debt and shares,  commentators say.

Might the threat of a 20 % tax alone motivate foreign investors to move out of US bonds and assets?

But if the aim is to destroy the US economy, markets, stock markets, bond market, the dollar as a reserve currency, impoverish Americans and impose total tyranny, then the new tax in Section 899 of Trump s budget bill may do the trick if the courts block his trade chaos.

From media

NEW YORK/LONDON, May 30 (Reuters) - Wall Street analysts are cautioning that a tax targeting foreign investors in the U.S. budget bill progressing through Congress could end up weighing on demand for U.S. Treasuries and the dollar.

The U.S. House of Representatives has approved a sweeping tax and spending bill that includes the possibility of imposing a progressive tax burden of up to 20% on foreign investors' passive income, such as dividends and royalties.

https://www.reuters.com/business/finance/wall-street-fears-foreign-tax-budget-bill-may-reduce-allure-us-assets-2025-05-29/