Trump’s Big Beautiful Bill Could Hurt His Own Energy Agenda

President Trump’s U.S. energy dominance agenda could be derailed by one provision in the One Big Beautiful Bill Act, the tax and spending bill championed by the President and currently under review by the U.S. Senate. The One Big Beautiful Bill Act contains Section 899, officially named ‘Enforcement of remedies against unfair foreign taxes.’ This section proposes to increase the tax rates on foreign companies operating in the United States from countries that have what the Bill describes as “unfair foreign taxes.”…