Washington: President Donald Trump Friday threatened a 100 per cent tax on imports from any country that imposes a tax on digital services from United States companies.
In a post on social media, Trump took aim at European countries that he said are discussing “imminent” implementation of taxes on American companies.
“Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100 per cent TARIFF on any and all Goods sent to the United States of America,” Trump wrote.
He added that the new tax would supersede any previously negotiated trade deals. Trump said the penalty would apply to any country that moves forward with such a tax, but he singled out European nations in his post.
AP