Audio By Carbonatix
U.S. President Donald Trump on Monday threatened countries that have digital taxes with "subsequent additional tariffs" on their goods if those nations do not remove such legislation.
Sources said earlier that the Trump administration was considering imposing sanctions on European Union or member state officials responsible for implementing the bloc's landmark Digital Services Act.
Many countries, particularly in Europe, have levied taxes on the sales revenue of digital service providers, including Alphabet's Google, Meta's Facebook, Apple and Amazon.
The issue has been a longstanding trade irritant for multiple U.S. administrations.
"With this TRUTH, I put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed, I, as President of the United States, will impose substantial additional Tariffs on that Country's Exports to the U.S.A., and institute Export restrictions on our Highly Protected Technology and Chips," Trump said in a social media post.
In the post, Trump claimed that such legislation was "designed to harm, or discriminate against, American Technology" and that it gave a pass to firms from U.S. tech rival China.
Trump has also previously threatened to impose tariffs on countries like Canada and France over differences related to the digital services taxes.
Trump in February ordered his trade chief to revive investigations aimed at imposing tariffs on imports from countries that levy digital service taxes on U.S. technology companies.
Latest Stories
-
NPP’s Gary Nimako urges lawyers to show fidelity to the law
7 minutes -
Ghana’s public debt balloons by over GH¢70bn in just three months
12 minutes -
Tema’s Sakina, Joseph dominate Ashfoam Hard Hitters Tennis Invitational Tournament
21 minutes -
Kennedy Agyapong vows to guard against rigging in NPP presidential primary
28 minutes -
Immigration Service warns against fake SMS scams demanding fees for next phase of recruitment
29 minutes -
Utilise capital contribution policy – PURC to consumers
32 minutes -
My parents say they want a grandchild – King Promise
33 minutes -
Reject candidates who insult and disrespect women – Adwoa Safo warns NPP delegates
38 minutes -
Sports Minister swears in Dr Fred Awaah-led NSA Board
45 minutes -
Former MMDCEs appeal to Mahama for payment of end-of-service benefits
59 minutes -
OSP concerned about insufficiency of annual budget
1 hour -
Traders in tears as fire guts shops, stores in Sunyani
1 hour -
Zenith Bank kicks off 2025 festive season with annual light-up ceremony
1 hour -
GSFP begins nationwide practical training for school feeding caterers
1 hour -
Kennedy Agyapong accuses Bawumia of instigating Abronye’s rants against him
2 hours
