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Trump vows ‘substantial’ new tariffs, chip restrictions on countries with digital taxes
President Donald Trump vowed Monday to impose “substantial” new tariffs and restrict U.S. chip exports for all countries that do not remove digital taxes and related regulations. Trump wrote on Truth Social that digital services taxes, or DSTs -- which are currently imposed by dozens of countries -- “are all designed to harm, or discriminate against, American Technology.” “I put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed, I, as President of the United States, will impose substantial additional Tariffs on that ... (full story)
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