Trump threatens 100% tariff on European countries over tech tax
Donald Trump has warned he could impose a 100% tariff on imports from European countries that move ahead with a digital tax.
US President Donald Trump has threatened to impose a 100% tariff on goods from European countries if they introduce a tax on technology companies, according to the BBC. He said several European nations were considering the levy.
The warning raises the prospect of a sharp escalation in trade tensions between Washington and European capitals over how big US tech firms are taxed. Trump did not name specific countries in the remarks reported by the broadcaster.
Digital services taxes have been a recurring source of dispute between the US and its trading partners, with American officials arguing they unfairly target US companies. European governments have defended the measures as a way to ensure large online platforms pay more tax where they generate revenue.
The comments come as governments continue to debate how to tax global technology groups, a long-running issue in transatlantic trade talks.
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