Trump threatens 100% tariff on goods from nations with digital tax

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Summary · why it matters

President Donald Trump said on Friday that the United States will impose a 100% tariff on all imports from countries that levy digital services taxes on American companies. In a post on Truth Social, Trump warned that any nation adopting such measures would face immediate 100% tariffs on all goods exported to the United States, with the tariffs taking precedence over any existing trade agreements. The threat follows French President Emmanuel Macron's statement last week that France would not scrap its 3% digital services tax on U.S. technology firms, which has been in place since 2019 and targets companies with annual digital services revenue exceeding €25 million in France and €750 million worldwide. Before the G7 summit, Trump had warned of 100% tariffs on French wine unless Paris withdrew the tax.

Impact on assets 3

Artificial Intelligence▼ · 3 stocks
Apple Inc.
AAPL
▼ NegativeTariffrelevance

Trump threatens 100% tariff on countries with digital tax, directly targeting US tech firms like Apple.

Alphabet Inc Class C
GOOG
▼ NegativeTariffrelevance

Trump threatens 100% tariff on countries with digital tax, directly targeting US tech firms like Alphabet.

Microsoft Corporation
MSFT
▼ NegativeTariffrelevance

Trump threatens 100% tariff on countries with digital tax, directly targeting US tech firms like Microsoft.

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