President Trump Directs Retaliation Tariffs Over Digital Taxes

President Donald Trump signed a memorandum instructing the U.S. Trade Representative to impose tariffs against nations adopting digital service taxes on American tech giants like Google, Facebook, Apple, and Amazon. The measure is in response to what the administration believes are discriminatory tax practices against American companies by countries like the United Kingdom, France, Italy, Spain, Turkey, India, Austria, and Canada. The target tariff levels and the targeted items have yet to be revealed. The move reflects an extension of trade tensions concerning digital tax policy. Source: REUTERS.COM