Trump Escalates Global Trade War with Threat of 100% Tariffs Over Digital Taxes
US President Donald Trump has threatened to impose immediate 100% tariffs on all imports from any country that levies a digital services tax on American tech firms. This aggressive stance targets several European nations, such as France, which already applies a 3% tax on local digital revenue and is now considering doubling that rate. Trump clarified that these punitive tariffs will completely override any existing or pending trade agreements with the affected nations. The warning directly complicates a separate US-EU trade deal, scheduled to be finalized by July 4, which is supposed to cap European import duties at 15%. While European officials argue that digital business models require updated local taxation, Washington maintains that such policies unfairly discriminate against US technology giants. In response to the threat, the European Commission stated it would act swiftly and decisively to defend its regulatory autonomy and economic sovereignty.
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