US President Donald Trump warned that any country imposing a Digital Services Tax on American companies would face an immediate 100% tariff on all goods exported to the US. In a Truth Social post on June 26, Trump said the tariffs would override existing or pending trade deals, escalating tensions over proposed digital taxes in several European countries.
US President Donald Trump has warned that any country imposing a Digital Services Tax (DST) on American companies will face an immediate 100% tariff on all goods exported to the United States.
In a post on his official Truth Social account on June 26, Trump said several European countries were discussing the imminent implementation of a Digital Services Tax targeting US technology companies and cautioned them against moving forward with the proposal.
"Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies. Some of these Countries are close to actually doing this," Trump wrote.
He further declared that any country proceeding with such a tax would be met with a sweeping 100% tariff on all goods shipped to the US.
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