US President Donald Trump threatens 100% tariffs if Europe implements digital services tax

US President Donald Trump threatens to slap a 100% tariff on European countries that impose a digital services tax, adding that existing trade deals would be scrapped. President Donald Trump on Friday threatened a 100% tariff on imports from any country that imposes a tax on digital services provided by United States companies. In a social media post, Trump took aim at European countries, he said, that are discussing the “imminent” implementation of taxes on American companies. The US president has repeatedly sought to use tariffs to deter such taxes, but many countries are seeking revenue as their economies increasingly operate in digital realms dominated by American companies. “Please let this statement serve to represent that 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. He added that the new tax would supersede any previously negotiated trade deals. Trump said the penalty would apply to any country that moves forward with such a tax, but he singled out European nations in his post.