Trump Threatens 100% Tariff on Nations with Digital Services Tax

📡 CNBC Top News · 1 min read ·
President Donald Trump has threatened to impose a 100% tariff on any country that applies a "Digital Services Tax" on American companies. In a post on his Truth Social platform, Trump wrote: "This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not." The statement signals a potential escalation in trade tensions, as the tariff would override existing agreements. Digital Services Taxes are levies on revenue earned by tech firms from online advertising, data sales, and other digital activities. Trump's warning targets nations that have adopted or are considering such taxes, which he argues unfairly target U.S. businesses.