Trump threatens 100% tariffs over digital services taxes, raising pressure on EU trade deal
US President Donald Trump has threatened to impose 100% tariffs on all goods imported from countries that levy digital services taxes on American technology companies. The warning, delivered on social media, came as European Union member states were working to meet a July 4 deadline linked to tariffs on US goods. Trump said the penalties would apply immediately and would override existing or future trade agreements.The latest threat appears aimed at governments that have introduced, or are considering, taxes on revenues earned by large digital platforms within their borders. Trump said countries pursuing such measures were close to doing so... [Continue Reading]
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