Donald Trump has warned he will slap a 100 per cent tariff on imports from European countries that implement a digital services tax on American companies.
The levy would supersede any trade deals between the US and those countries “whether implemented, signed, or not”, Trump said on Friday, marking a new escalation in transatlantic economic tensions.
The US president said “numerous” European countries have been discussing the “imminent implementation” of a digital services tax on US companies, and that some countries were “close” to putting this into practice.
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