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Trump Threatens 100% Tariffs on EU Goods Over Digital Services Taxes
President Trump warned of 100% tariffs on all EU imports if digital services taxes continue to target American technology giants.
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On June 26, President Trump threatened 100% tariffs on European imports over digital taxes, overriding a recently finalized trade deal with the EU. On June 27, he reiterated the threat to impose an immediate 100% tariff on European countries that impose a digital tax, superseding existing trade deals. On July 1, the EU announced the removal of tariffs on US industrial goods, and Ursula von der Leyen hailed transatlantic ties as 'most valuable'.
President Trump warned of 100% tariffs on all EU imports if digital services taxes continue to target American technology giants.
Read the full storyThe European Union removed tariffs on US industrial goods, with Commission President von der Leyen calling transatlantic ties 'most valuable,' according to reports.
US president vows immediate tariffs superseding existing trade deals, escalating tensions with Brussels.
President Trump threatened 100% tariffs on European imports over digital taxes, overriding a recently finalized US-EU trade deal and raising the risk of a fresh trade war.