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Trump Threatens to Impose Tariffs on Countries Enacting Digital Taxes, Digital Service Legislation, or Digital Market Regulations
Summary: In a recent tweet, US President Trump stated that he will take tough measures against countries implementing digital taxes, digital service legislation, or digital market regulations. He accused these policies of aiming to harm or discriminate against American tech companies, while giving special treatment to large Chinese tech companies. Trump warned that if these discriminatory ...
In a recent tweet, US President Trump stated that he will take tough measures against countries implementing digital taxes, digital service legislation, or digital market regulations. He accused these policies of aiming to harm or discriminate against American tech companies, while giving special treatment to large Chinese tech companies.
Trump warned that if these discriminatory policies are not revoked, he will impose additional tariffs on exports from the relevant countries and restrict the export of US technology and chips. He emphasized that American tech companies are no longer the world's piggy bank or doormat, urging countries to respect the US and its tech firms, or face consequences.
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Link: Trump Threatens to Impose Tariffs on Countries Enacting Digital Taxes, Digital Service Legislation, or Digital Market Regulations [Copy]