US President Trump Threatens Tariffs on European Goods Over Digital Services Tax
Summary
US President Donald Trump has threatened to impose 100 percent tariffs on goods imported from European countries that implement a Digital Services Tax on American tech firms.
Key Points
- US President Donald Trump threatened strict actions against European countries imposing Digital Services Tax on American tech companies.
- Trump warned of imposing 100 percent customs duties on all goods imported from countries enacting such taxes.
- He mentioned that some European countries are in the final stages of implementing the Digital Services Tax.
- The US may also abolish any bilateral trade agreements with countries that impose the tax.
