Donald Trump threatens 100% tariffs over European digital services taxes
Former US President Donald Trump has threatened to impose 100% tariffs on European nations implementing digital services taxes, despite an existing EU-US commercial agreement.
Former US President Donald Trump has threatened to impose 100% tariffs on European nations that proceed with implementing digital services taxes. The warning, issued on Friday, June 26, comes despite an existing commercial agreement between the European Union and the United States, which includes provisions for capping tariffs. Trump indicated that several European countries are reportedly discussing the imminent implementation of such taxes, prompting his strong reaction. This potential move could escalate trade tensions between the US and Europe, challenging established economic accords. Sources: Le Monde