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How will Trump’s Big Beautiful bill impact the USA, China, and India?

The One Big Beautiful Bill Act (OBBBA), passed by the U.S. Congress and signed into law on July 4, 2025, is a comprehensive budget reconciliation bill that extends and modifies tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA), introduces new tax policies, and implements spending changes. Impact on India The USA is …

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