US President Donald Trump on Friday threatened a 100 per cent tax on imports from any country that imposes a tax on digital services from American companies.<\/p>\n
In a post on social media, Trump took aim at European countries that he said are discussing \u201cimminent\u201d implementation of taxes on US companies.<\/p>\n
The president has repeatedly sought to use tariffs as a way to deter such taxes, but many countries are looking for revenues as their economies increasingly operate in digital realms that are dominated by American companies.<\/p>\n
\u201cPlease 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,\u201d Trump said in his post.<\/p>\n
He added that the new tax would supersede any previously negotiated trade deals. Trump said the penalty would apply to any country that moves forward with such a tax, but he singled out European nations in his post.<\/p>\n
Trump has repeatedly pushed against foreign efforts to tax or regulate American tech giants.<\/p>\n
Last year he threatened new tariffs on any country that moved to do so. A post from last August said that digital taxes and regulation \u201care all designed to harm, or discriminate against, American Technology\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"US President Donald Trump on Friday threatened a 100 per cent tax on imports from any country that…\n","protected":false},"author":2,"featured_media":727725,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,232321,7676,43573,12,13390,5335,3,9121,312932,108,759,21,19,22,20,5102,25,24],"class_list":["post-727724","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-american-companies","tag-britain","tag-digital-services","tag-donald-trump","tag-european-commission","tag-european-union","tag-news","tag-scotland","tag-section-of-the-trade-act","tag-social-media","tag-tariffs","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-ursula-von-der-leyen","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/727724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=727724"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/727724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/727725"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=727724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=727724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=727724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}