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.
Partly Sunny then Showers And Thunderstorms Likely
Latest News Stories
Ad-Hoc Committee: Liquor Ordinance Stalls Over Drafting Errors; Debates License Cap Policy
Board Approves New Chief of Staff and Dean Roles; Trustees Clash Over Hiring Transparency
Green Garden Township Residents Threaten Incorporation to Block 6,000-Acre Solar Farm
Board Approves $479,000 Wireless Network Overhaul to Replace Aging Tech
Principals Present Mid-Year Data Showing Gains in Writing and Math Proficiency
Executive Committee: Tension Rises as Republican Whip Removed from Panel
Ad-Hoc Committee: County Stripped of Power to Regulate Motor Races, Must Drop Solicitor Fees Due to State Statutes
Commission Overrides Staff Recommendation, Approves Manhattan Township Barn Expansion
Executive Committee Advances “Project Northwinds”: 2,475 Jobs and $346 Million Investment Proposed for Former Caterpillar, Lion Electric Sites
Land Use Committee Advances Mokena Scrap Yard and Homer Glen Landscape Business Over Local Objections
District 210 Reports Insurance Deficit Amid National Healthcare Cost Spikes; Finances Remain Stable
Planning Commission Backs 5-MW Peotone Solar Farm; Developer Pledges Pollinator Habitat and Community Funds
Mokena 159 Moves Forward with Over $1 Million in Summer Capital Project Plans
Joliet Junior College Board Approves $2 Tuition Increase Amidst Heated Debate Over Enrollment and Spending