We show you our most important and recent visitors news details Trump threatens 100% tariffs over European digital taxes on US tech firms in the following article
In a post on his Truth Social platform, Trump said "numerous European countries" were considering such taxes and that some were close to implementing them. He warned that any country proceeding with the levy would immediately face punitive tariffs that would override existing bilateral trade agreements.
"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," Trump wrote.
The scope of the threat remains unclear for countries that already have digital services taxes in place, including the United Kingdom, which introduced its Digital Services Tax (DST) in 2020.
Britain's 2% DST applies to revenues generated by major search engines, social media platforms, and online marketplaces with global digital revenues exceeding £500 million and UK revenues above £25 million.
The tax affects several leading US technology companies, including Apple, Google, Meta, and Amazon. According to the UK Treasury, it generated more than £800 million during the 2024-25 financial year, up from £678 million the previous year.
Trump has repeatedly criticized digital services taxes, arguing they unfairly target American companies. In April, he warned that the UK could face "a big tariff" over its levy on US technology firms.
The latest threat signals the potential for renewed trade tensions between Washington and European governments over the taxation of multinational digital companies.
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