Trump goes on attack over digital services taxes, threatens tariffs
President Donald Trump broadly attacked other nations’ plans for a digital services tax, which he said were designed to harm U.S. companies while giving others a pass.
Trump earlier this year killed Canada’s plans to implement a digital services tax, but the president has made clear he doesn’t want to see similar taxes pop up elsewhere, threatening to respond with U.S. tariffs if countries impose the tax unilaterally.
Trump said the taxes were a direct threat to U.S. tech firms.
“As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies. Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology. They also, outrageously, give a complete pass to China’s largest Tech Companies. This must end, and end NOW!” the president wrote on Truth Social, his social media platform.
Some 18 nations have already implemented digital services taxes, according to a 2024 report from the Tax Foundation.
Trump said he’s not having it.
“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 Country’s Exports to the U.S.A., and institute Export restrictions on our Highly Protected Technology and Chips.
The president called for respect for U.S. tech firms.
“America, and American Technology Companies, are neither the ‘piggy bank’ nor the ‘doormat’ of the World any longer,” Trump wrote. “Show respect to America and our amazing Tech Companies or, consider the consequences!”
In late June, Canada caved to Trump’s demands by pulling its digital services tax hours before it was to go into effect. Canada’s proposed digital services tax required foreign and domestic businesses to pay taxes on some revenue earned from engaging with online users in Canada.
Latest News Stories
WATCH: Expect tax and fee increases for veto; Democrats want more sanctuary policies
Will County Health Department Pleads for $1 Million to Avert ‘Weakened Public Health System’
Judge: Benefits of feeding babies beat risk claims in NEC lawsuits
Illinois quick hits: Raoul joins SNAP benefits lawsuit; disaster declaration denial appealed
WATCH: Democratic attorneys general sue feds to release food benefits
WATCH: GOP lawmaker: Pritzker-backed energy omnibus will lead to higher bills
Illegal border crossings in September historically low
Vance says U.S. troops will get paid Friday despite shutdown
WATCH: Constitution debated as IL judge orders reports from Border Patrol commander
WATCH: Tax increases expected before Illinois legislators adjourn veto session
‘There is no excuse’: air traffic controllers, pilots urge Congress to end shutdown
IL state rep: Reckless immigration policies led to fatal crash
WATCH: Primary election petitions filed; redistricting consideration for veto session