NEW YORK - US President Donald Trump on Friday threatened to impose a "100% TARIFF on any and all Goods" sent to the United States by any country that imposes a digital services tax on US companies.
"This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not," Trump wrote in a social media post. And the "TARIFF will be immediately imposed, if they proceed."
"Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies," Trump said. "Some of these Countries are close to actually doing this."
Digital services taxes typically apply only to the world's largest and most established tech companies, like Meta, Alphabet and Amazon, all of which are US firms. More than a dozen countries have imposed digital services taxes, local media reported Friday.
Trump earlier has vowed to retaliate against countries that impose digital services taxes, claiming they unfairly target US tech giants.
