Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleDonald Trump has threatened the UK with a 100 per cent import tariff on all goods if it proceeds with its digital services tax on American social media firms. This punitive measure, announced on his Truth Social platform, would supersede any existing trade deal between the two nations. The UK's 2 per cent levy applies to major US tech companies like Apple, Google and Meta, with global digital revenues exceeding £500m and over £25m generated from British users. The digital services tax, implemented in 2020, is projected to raise over £800m in 2024–25, up from £678m in 2023–24. Trump had previously warned of such action, and the tax has also drawn criticism from Joe Biden. In fullTrump threatens 100% import tariff on UK over digital services taxThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Trump warns UK of 100% tariff over levy on US tech firms
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleDonald Trump has threatened the UK with a 100 per cent import tariff on all goods if it proceeds with its digital services tax on American social media firms. This punitive measure, announced on his Truth Social platform, would supersede any existing trade deal between the two nations. The UK's 2 per cent levy applies to major US tech companies like Apple, Google and Meta, with global digital revenues exceeding £500m and over £25m generated from British users. The digital services tax, implemented in 2020, is projected to raise over £800m in 2024–25, up from £678m in 2023–24. Trump had previously warned of such action, and the tax has also drawn criticism from Joe Biden. In fullTrump threatens 100% import tariff on UK over digital services taxThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
