US President Donald Trump has threatened to impose “substantial” new tariffs to restrict American chip exports to countries that impose digital services taxes and related regulations on US tech firms. He accused such measures of unfairly targeting American companies while sparing China’s tech giants.
US President Donald Trump has threatened to impose “substantial” new tariffs to restrict American chip exports to countries that impose digital services taxes and related regulations on US tech firms. He accused such measures of unfairly targeting American companies while sparing China’s tech giants.
Taking to his Truth Social platform, Trump wrote: “Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm or discriminate against American Technology. They also, outrageously, give a complete pass to China’s largest Tech Companies. This must end, and end NOW!”
America, and American Technology Companies, are neither the ‘piggy bank’ nor the ‘doormat’ of the World any longer. Show respect to America and our amazing Tech Companies or, consider the consequences!
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