Move underscores U.S. companies' uncertainty about tax reform.
By Molly Smith, Bloomberg|November 06, 2017 at 11:44 AM|Originally published on Treasuryandrisk.Com
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Apple, looking to fund stock buybacks and dividends, is selling $7 billion of bonds even as proposed new tax laws may leave it awash in cash it previously couldn’t use.
Meanwhile, president of National Foreign Trade Council warns: “This can’t be a mechanism to start raising tariffs on everything. There’d be no end to it.”
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