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Trump threatens 100% tariff on EU countries over digital services tax
Key takeaways
- “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,” Trump said in a post on his Truth Social platform.
- He added that “this TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not.”
- The move comes just a day after EU countries gave the green light to a trade agreement negotiated last year with the United States, which caps taxes on European imports at 15 percent.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize WASHINGTON: US President Donald Trump on Friday threatened to slap a 100 percent tariff on European countries that impose a digital services tax, adding that existing trade deals would be scrapped.
“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,” Trump said in a post on his Truth Social platform.
He added that “this TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not.”
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