EU to respond ‘decisively’ if Trump pursues tariff threats, spokesperson says
27 Articles
27 Articles
Trump threatens 100% tariffs on any country imposing digital services taxes on US tech firms
Several European countries have been considering or already applying digital services taxes to large online platforms. These surcharges are aimed at revenue generated by activities such as digital advertising and online marketplaces – areas dominated by US-based companies.Read Entire Article
The Daily News
thetrucker.comTrump threatens 100% tax on European imports if countries impose tax on digital services
President Donald Trump is threatening a 100% tariff on imports from any country that imposes a tax on digital services provided by United States companies. In a post on social media Friday, Trump took aim at European countries that he…
The European Commission (EC) on Friday rejected President Donald Trump's threats to impose import tariffs of up to 100 percent if Europe imposes a new digital services tax on US technology corporations, warning that it would retaliate against such actions.
US President Donald Trump threatens Europe with drastic tariffs because of possible digital taxes. A quick response follows from the EU.
"The Union and its Member States have the sovereign right to regulate economic activity within their territory in accordance with democratic values and international obligations," wrote a European Commission spokesperson. He emphasized that the taxes are non-discriminatory and apply to all large companies, regardless of their origin. "Unilateral decisions targeting such activities are unjustified. If taken, the Union will respond quickly and dec…
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