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ABC News Business • Jun 26, 2025

Live: ASX to rise as Wall St nears records, US 'revenge tax' dropped

The Australian stock market is expected to advance alongside gains in the US, supported by the removal of a proposed tax measure that had raised concerns among investors.

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Quartz • Jun 26, 2025

Top Trump adviser floats stripping 'revenge tax' from GOP megabill if more trade deals are signed

The potential removal of the controversial tariff could influence international investment flows and impact the overall economic dynamics associated with the proposed legislation.

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