Trump threatens 100% tariff on countries imposing digital services taxes
President Trump has threatened a 100% tariff on countries that impose digital services taxes on American technology companies. In a Truth Social post, Trump said the levy would supersede existing trade deals, whether signed or not.
President Donald Trump has threatened a 100% tariff on countries that levy digital services taxes on large American technology companies. The warning comes as several governments push to tax the revenue that major tech firms earn within their borders.
In a post on his Truth Social platform, Trump said the tariff would supersede any trade deal struck with the country in question. According to the post, the measure could apply whether or not such an agreement has been signed or implemented.
Digital services taxes have long been a friction point between Washington and the European Union and other partners. The fresh tariff threat could further strain global trade relations already tested by a wave of US duties this year.
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