Trump threatens 100 percent tariff on any country that imposes tax on US tech firms

AI Summary

President Trump has threatened to impose a 100% tariff on any country implementing a digital services tax on US technology companies, primarily targeting European nations considering such taxes. This move signals heightened trade tensions over taxation of American tech firms abroad.

President Trump on Friday threatened to impose a 100 percent tariff on any country that implements a digital services tax on American technology companies. He pointed to Europe, where he said countries have “been discussing the imminent implementation” or are “close to actually” putting such taxes in place. Digital services taxes are fees levied on…