Defending American Jobs and Investment Act

This bill creates a process to respond to foreign countries that impose certain types of taxes on Americans. The Treasury Department would make a list of countries with taxes that reach beyond their borders or unfairly target specific groups. The U.S. would then try to work with these countries to remove these taxes through discussions. If that doesn't work, the bill allows the government to raise tax rates on people and businesses from those countries, ban government contracts with them, and consider these tax policies when making trade deals or tax treaties.

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