# Tags
#News #Stocks

Trump Threatens Retaliatory Tariffs Over Digital Taxes

President Donald Trump announced on February 21, 2025, that he plans to impose retaliatory tariffs on countries implementing digital taxes targeting U.S. tech companies. The move comes in response to growing concerns over unfair taxation practices that disproportionately affect American firms like Google, Amazon, and Facebook.

Trump stated that the tariffs could take effect as early as Friday, targeting goods from countries such as France, Italy, and the United Kingdom. “We cannot allow foreign governments to unfairly target American companies,” Trump said. “These tariffs will ensure a level playing field for U.S. businesses.”

The announcement has sparked concerns about escalating trade tensions between the U.S. and its allies. Critics argue that retaliatory tariffs could harm global trade and economic recovery.

Trump Threatens Retaliatory Tariffs Over Digital Taxes

What’s the Impact on Asia if Russian

Leave a comment

Your email address will not be published. Required fields are marked *