As Trump's sweeping tax-cut and spending bill marches forward, analysts examine how his broad-ranging policies could turn the fortunes of US companies.

White House officials maintain bankers’ concerns are overstated and discount expected revenues from the president’s tariffs.

Wall Street analysts widely agree that the measure would further erode foreign investor confidence. Already shaken by Trump’s unpredictable trade tactics and growing concerns over the US’s worsening fiscal outlook, international investors may see Section 899 as yet another deterrent to holding American assets—once considered a global safe haven.