HomeAmericaTrump threatens 100% tariff on any country that imposes digital services tax

Trump threatens 100% tariff on any country that imposes digital services tax

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WASHINGTON, June 26 (Reuters) - ‌U.S. President Donald Trump on Friday threatened ​to impose a 100% tariff on all goods from any country ⁠that imposes a digital services tax on American companies.

"Numerous European Countries have been discussing the imminent implementation of ​a Digital Services Tax on American Companies," Trump said in a ‌social media post. "Some of these Countries are close to actually doing this.

"Please let this statement serve to represent that ⁠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 the new tariff would supersede any trade ‌deals with the United States, "whether implemented, signed or not."

Last ⁠week, hours before the two met ‌at the G7 summit, French President ​Emmanuel Macron said France would not bow to pressure from Trump and scrap its digital tax on U.S. ‌tech giants.

Before setting off for the ​summit in France, Trump ⁠had warned that the U.S. would "have no choice" ‌but to apply 100% tariffs ⁠on French wine unless Paris eliminated its digital tax.

France has applied a 3% levy since 2019 on revenue from ​digital services earned ‌by companies with revenues of more than €25 million in the ⁠country and €750 million worldwide.

(Reporting ​by Jasper Ward and Doina Chiacu; Editing by Chizu ​Nomiyama and Deepa Babington)

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