U.S. President Donald Trump on Monday warned that countries imposing digital taxes on American tech companies could face “additional tariffs” on their exports to the United States if they do not withdraw such laws.
“With this TRUTH, I put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed, I, as President of the United States, will impose substantial additional Tariffs on that Country’s Exports to the U.S.A., and institute Export restrictions on our Highly Protected Technology and Chips,” Trump said in a social media post.
In the post, Trump claimed that such legislation was “designed to harm, or discriminate against, American Technology” and that it gave a pass to firms from U.S. tech rival China.
Earlier, sources told Reuters that the Trump administration was weighing potential sanctions against European Union officials or member state representatives involved in enforcing the bloc’s landmark Digital Services Act.
Several countries, especially in Europe, have imposed taxes on the revenue of major digital service companies like Alphabet’s Google, Meta’s Facebook, Apple, and Amazon. These digital taxes have been a persistent point of tension in U.S. trade relations across multiple administrations.
Trump has also previously threatened to impose tariffs on countries like Canada and France over differences related to the digital services taxes.
Trump in February ordered his trade chief to revive investigations aimed at imposing tariffs on imports from countries that levy digital service taxes on U.S. technology companies.
(This is a developing story)
(With inputs from Reuters)
digital taxes, American tech companies, tariffs, U.S. technology, Trump
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