Obviously this is targeted at the digital services taxes and regulations imposed by Canada and the EU, but I'm very curious about how these clauses might be handled with regards to China:
(b) regulations imposed on United States companies by foreign governments that could inhibit the growth or intended operation of United States companies;
(c) any act, policy, or practice of a foreign government that could require a United States company to jeopardize its intellectual property
That was my first thought as well. If there's a US law against bribes, companies can, when a bribe is asked for or hinted at, just say they can't. Saves money, except if maybe you've issued your own cryptocurrency, and are possibly wanting to be bribed.
We are just applying the same consumption taxes we have applied to other goods and services for decades. It isn't about targeting American companies at all but comments like yours fuel the perception that it is, which is where this all comes from.
(b) regulations imposed on United States companies by foreign governments that could inhibit the growth or intended operation of United States companies;
(c) any act, policy, or practice of a foreign government that could require a United States company to jeopardize its intellectual property