Trump threatens 100% tariffs on Europe over digital services tax
US President Donald Trump has threatened to impose 100% tariffs on European countries that introduce a digital services tax on US firms. Trump said the move could go ahead even if it means cancelling existing trade agreements.
US President Donald Trump has threatened to impose 100% tariffs on European countries that bring in a digital services tax targeting US firms. According to France 24, Trump said he could press ahead even if it meant cancelling existing trade agreements.
Trump said numerous European countries are discussing a digital services levy aimed at large technology companies. Washington views such taxes as discriminatory against US firms, while the European side argues that taxation falls within its own jurisdiction.
The threat risks reigniting trade tensions across the Atlantic. Analysts say potential tariffs could raise costs across sectors and that negotiations in the coming period will be decisive for the outcome.
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