Trump threatens 100% tariff on nations taxing US tech giants, warns trade deals won't matter
US President Donald Trump on Friday threatened to impose a 100% tariff on all goods imported into the United States from any country that introduces a digital services tax (DST) targeting American companies, warning that the measure would override any existing or future trade agreement with that country.
In a post on Truth Social, Trump said countries moving ahead with such taxes would face immediate trade retaliation from the United States.
"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 wrote.
The US president further declared that the tariff "will supersede Trade Deals made with the Country, whether implemented, signed, or not," indicating that existing agreements would not shield countries from the proposed penalties.
In a post on Truth Social, Trump said countries moving ahead with such taxes would face immediate trade retaliation from the United States.
"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 wrote.
The US president further declared that the tariff "will supersede Trade Deals made with the Country, whether implemented, signed, or not," indicating that existing agreements would not shield countries from the proposed penalties.
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