Impact on US financial decisions

"British banks and stockbrokers may refuse to take on American clients if new international tax proposals outlined by President Obama are passed."

For all this talk about the new multilaterism and working together with other nations, Obama has demonstrated that he has the same unilateralist tendencies and operates like a bull in a china shops. Decisions have consequences beyond the simplistic rhetoric.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5374095/British-banks-revolt-against-Obama-tax-plan.html