'100% tariff': Trump's new threat for countries mulling a digital services tax
India, June 26 -- US President Donald Trump on Friday threatened countries imposing a digital services tax (DST) on American companies with a 100 per cent tariff, saying it will suspend any US trade deal with that nation.
In a post on social media, Trump took aim at European countries that he said are discussing "imminent" implementation of taxes on American companies.
"Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies. 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. T...
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