Trump goes on attack over digital services taxes, threatens tariffs

Trump goes on attack over digital services taxes, threatens tariffs

Spread the love

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.

Events

No events

Leave a Comment





Latest News Stories

New-Lenox-School-122.3

New Lenox School District 122 Honors State Track and Field Athletes

New Lenox School District 122 took time during its June 17 board meeting to celebrate the outstanding achievements of its junior high athletes at the 2025 IESA State Track and...

Fiber Optic Internet Competition Coming to New Lenox

NEW LENOX – Residents may soon have a new choice for high-speed internet, as Champaign-based Pavlov Media announced its intention to build out a fiber optic network across the village....
Screenshot-2025-08-13-at-2.15.28-PM

Monee Officials Issue Pool Safety Alert Amid Summer Heat

Article Summary: Following an increase in new pool installations, Monee's Building Services department is reminding residents of mandatory permit and safety requirements. Officials are emphasizing life-safety measures to prevent drownings,...
New-Lenox-Village-Board

Village Board Approves Millions in Spending on Roads, Parks, and Museum

NEW LENOX – The New Lenox Village Board authorized millions of dollars in spending on Monday for its annual road program and for continued investment in its newest community amenities,...
Meeting-Briefs

Meeting Summary: New Lenox School District 122 Board of Education for June 17, 2025

The New Lenox School District 122 Board of Education handled significant financial business at its June 17 meeting, approving a tentative budget for the 2025-2026 school year and renewing insurance...
Meeting-Briefs

Meeting Summary: New Lenox Board of Trustees for July 28, 2025

The New Lenox Village Board meeting on Monday was marked by ceremony and significant action on major developments. The board honored the new Pope Leo XIV and retiring Police Chief...
Meeting-Briefs

Meeting Summary and Briefs: Monee Village Board for July 23, 2025

The Monee Village Board of Trustees heard a detailed presentation for a major industrial redevelopment, approved a significant payment for its nearly-completed public works facility, and gave final clearance for...
new-lenox-fire-district-stations.2

New Lenox Fire Board Denies Variance Over Extreme Hydrant Distance, Citing Safety

NEW LENOX – The New Lenox Fire Protection District Board of Trustees unanimously denied a homeowner's variance request on Monday, citing significant public safety concerns over the property's extreme distance...
new-lenox-fire-district-stations.4

New Lenox Fire District Secures $35,000 Grant for UTV in Solar Farm Agreement

NEW LENOX – The New Lenox Fire Protection District is set to receive a $35,000 grant to purchase a new Utility Task Vehicle (UTV) as part of a community benefit...
Meeting-Briefs

Meeting Summary: New Lenox Fire Protection District for June 16, 2025

The New Lenox Fire Protection District Board of Trustees took decisive action on a residential fire code variance and discussed a new community partnership for a planned solar farm during...
Ad-Hock-July-22nd

Will County Committee Forwards Overhauled Purchasing Code Amid Debate on Local Contractor Preference

The Will County Ad-Hoc Ordinance Review Committee advanced a major overhaul of the county's purchasing code Tuesday, but only after a split vote and a pointed debate over a separate,...
Ad-Hock-July-22nd

Finance Officials Clarify How Will County Tracks Assets, From Vehicles to Desks

Will County finance officials on Tuesday detailed the policies governing how the county tracks its physical and digital assets, explaining the $5,000 threshold for items that are formally capitalized and...
Ad-Hock-July-22nd

Will County Treasurer Confirms Free Online Tax Payment Option, Warns Against High Credit Card Fees

Will County Treasurer Tim Brophy confirmed Tuesday that property owners have a free online payment option available and advised residents to avoid the high convenience fees associated with using credit...
Ad-Hock-July-22nd

Committee Highlights ‘Lack of Teeth’ in County Code Enforcement Process

While the Will County Ad-Hoc Ordinance Review Committee quickly approved minor updates to its administrative adjudication ordinance Tuesday, the action sparked a broader discussion about resident frustration over the enforcement...
Ad-Hock-July-22nd

Committee Highlights ‘Lack of Teeth’ in County Code Enforcement Process

While the Will County Ad-Hoc Ordinance Review Committee quickly approved minor updates to its administrative adjudication ordinance Tuesday, the action sparked a broader discussion about resident frustration over the enforcement...