Trump threatens 100% tariff on European countries with digital tax
Part of composite article Trump Threatens 100% Tariff on European Countries Over Digital Tax, Warns 'Godless Communists' Are Biggest US Threat View full article →
Donald Trump has threatened to impose a 100% import tariff on any European country that taxes digital services from US companies. The US president made the statement on Truth Social on Friday, saying that “numerous European countries” were discussing such a tax and that “some of these countries are close to actually doing this”. The levy would take effect immediately, he said, and would override existing trade agreements with those nations.