President Donald Trump threatened to raise tariffs and restrict U.S. chip exports on countries that have a digital services tax, mainly the U.K. and Europe.

President Donald Trump said taxes on massive tech companies like Facebook, Google and Amazon are designed to "discriminate against" American technology.

President’s move could hit UK’s digital services tax and measures in EU states such as France, Italy and Spain

President Donald Trump threatened to raise tariffs and restrict U.S. chip exports on countries that have a digital services tax, mainly the U.K. and Europe.