THENATIONALPULSE (Pulse Wires) - Trump Threatens ‘Big Tariff’ on Britain Over Tech Tax.
President Donald J. Trump has warned the United Kingdom that the United States will impose significant tariffs if the UK does not repeal its digital services tax targeting U.S. tech companies. President Donald J. Trump has threatened the British government with tariffs unless it repeals its digital services tax, which targets U.S. tech firms.
President Donald J. Trump has threatened the British government with tariffs unless it repeals its digital services tax, which targets U.S. tech firms. PULSE POINTS WHAT HAPPENED: President Donald J. Trump has warned the British government that the United States will impose significant tariffs if it does not repeal its digital services tax, which falls heavily on U.S. tech companies due to their dominant position internationally. DETAIL: Speaking from the Oval Office on Thursday, President Trump said his administration will “probably” impose a tariff on the United Kingdom in response to the country’s digital services tax . The two percent levy was imposed on companies with revenues from digital activity that exceed £500 million…Open