Trump threatens 100% tariff on European countries imposing digital tax
Donald Trump has threatened to place a 100% import tariff on any European country that imposes a tax on digital services from US companies. Writing on Truth Social, he said "numerous European countries" had been discussing such a tax and that "some of these countries are close to actually doing this." "Please let this statement serve to represent that any country that imposes such a tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America," he wrote.
He added that the tariff would be immediately imposed and supersede any other prior trade deals. The threat could set off another saga in Trump’s global trade war. If followed through, it could spark a larger trade war between the US and the EU if the 27-country economic bloc felt compelled to retaliate.
The warning comes as a May trade deal caps most tariffs on EU imports at 15%, and as a 4 July deadline for the EU and US to start implementing the agreement looms.
United States
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