Search results for "Trade War"

startups: Trump threatens 100% tariffs over digital services taxes

Former President Donald Trump has threatened a 100% tariff on any country taxing US tech firms with digital services taxes, just a day after the EU ratified a trade deal. Brussels defiantly stated taxation is its sovereign right and will not back down. This sets up a major international standoff over digital taxation, challenging Europe's years-long efforts to regulate tech giants and impacting future trade relations.