Which saw the brunt of the fallout. Billion but in60 the positive this tuesday morning. And now performer coming up by 1. 2 at a 52week high. Samsung among gainers. Numbers we sawp today, 42. 9 declines, a long road to recovery for the singapore economy. Malaysia up 0. 2 . Look at where we are in terms of the dollar, showing a little strength today, up for a third day. Forging rising risks holding the dollar with the november elections approaching quickly. Down 0. 4 , still close to a record last week. Good to see the tencent recovery, but not close to making up for all the losses we saw the last two sessions. Our top story with the u. S. Tensions and china retaliating with sanctions on u. S. Officials. And ahead of those trade discussions. We did a phase one deal, it was a wonderful deal. All of a sudden it means very little, that will never pay the loss of life in our country and around the world. We view china differently than we did eight months ago. Yvonne looking at china differe
Laura davidson. Capitol Hill Reporter for bloomberg tax, a division of bloomberg that derives news, indepth analysis, primary sources and practice tools for dealing with International Tax issues. Welcome. We need all of that. Practical news, tips, tell us what is going on with tax reform. They over in the senate will begin the market. The Senate Finance committee will be going through blind byline of their bill and senators can offer amendments. We expect to see changes on the senate side, particularly the taxation. The scorekeepers came out with their analysis. It shows middle and upper middle income people as much as 30 could see a tax increase. We expect a lot of pushback from democrats. Numbers are not showing that. Over in the house, they are prepping for a vote. Tonight they will begin counting the members of the house, they need to get their caucus on board. They can lose 20, 22 members. There are some republicans from new york, new jersey, california who are looking at state an