U.S. Cash Repatriation Plunges 50%, Defying Trump's Tax Forecast.

The amount of offshore cash corporations are bringing back to the U.S. dropped sharply for a second straight quarter, falling short of the trillions of dollars President Donald Trump had promised would result from his tax overhaul. The tax overhaul signed into law by Trump last December gave companies incentives to bring money back to the U.S. by lowering the tax rate on repatriated profits. [Extracted from the article]