President Donald Trump issued a warning on Friday to European countries regarding the implementation of a digital services tax (DST), stating that such a move could result in a 100% tariff on all exports to the United States. Trump has previously expressed concerns about DSTs, labeling them as unfair trade practices against American companies. He noted that several European countries are considering implementing this tax, with some nearing actual implementation. In a post on Truth Social, Trump stated, "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," emphasizing that this tariff would take precedence over any existing trade agreements. The White House indicated that a potential tariff in response to European DSTs would be filed under Section 301 of the Trade Act.
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Trump warns of 100% tariff on European countries implementing digital services tax
President Donald Trump has threatened European countries with a 100% tariff on exports to the U.S. if they implement a digital services tax. He expressed concerns over DSTs as unfair trade practices and stated that the tariff would override existing trade agreements.
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Trump threatens ‘100% tariff’ on European countries that implement new digital services tax
Trump warns of 100% tariff on European countries implementing digital services tax