The issue focused on the tax on US companies' foreign profits, and the business tax cut.

A large number of small and medium-sized US companies that have been able to take advantage of the current law to move their foreign profits to tax havens in the Caribbean, the Middle East, and other tax havens, are now bracing for a much more significant change.

The US will not be able to take advantage of a $1.2 trillion tax cut in the form of a new 10%