Trump vows 100% tariffs on nations enforcing digital services taxes

1 min read
Source: CNBC
Trump vows 100% tariffs on nations enforcing digital services taxes
Photo: CNBC
TL;DR

President Trump threatened a 100% tariff on goods from any country that imposes a digital services tax on U.S. companies, saying the tariff would supersede existing trade deals and be imposed immediately; the move faces questions of legal authority and comes after ongoing battles over unilateral tariffs and DS taxes pursued by many countries.

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