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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Sat, 27 Jun 2026 14:14:02 +0500</pubDate>
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      <title>Trump escalates trade tensions with threat of 100% tariffs over digital taxes</title>
      <link>https://english.aaj.tv/news/330461214/trump-escalates-trade-tensions-with-threat-of-100-tariffs-over-digital-taxes</link>
      <description>&lt;p&gt;&lt;strong&gt;US President Donald Trump threatened on Friday a 100% tariff on all goods from any country that imposes a digital services tax on American companies, inflaming transatlantic trade tensions a day after ​European Union countries &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/eu-governments-adopt-legislation-fulfil-eu-side-us-trade-deal-2026-06-25/"&gt;met Trump’s July 4 deadline&lt;/a&gt; to cut tariffs on US goods.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;“Numerous European Countries have ​been discussing the imminent implementation of a Digital Services Tax on American Companies,” Trump ⁠said in a social media post.&lt;/p&gt;
&lt;p&gt;“Some of these Countries are close to actually doing this.&lt;/p&gt;
&lt;p&gt;“Please let this ​statement serve to represent that any Country that imposes such a Tax will immediately be met with a ​100% TARIFF on any and all Goods sent to the United States of America.”&lt;/p&gt;
&lt;p&gt;Trump said the new tariff would supersede any trade deals with the United States, “whether implemented, signed or not.”&lt;/p&gt;
&lt;p&gt;That would include the deal the US and EU agreed to ​last year, which caps US tariffs on European goods at 15% in exchange for EU countries reducing tariffs ​on US industrial goods to zero.&lt;/p&gt;
&lt;p&gt;But a lengthy EU legislative process to meet the bloc’s commitments under the deal prompted ‌Trump ⁠to threaten to reimpose a 25% tariff on imports from Europe, including autos.&lt;/p&gt;
&lt;p&gt;EU lawmakers then &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/eu-vote-us-trade-deal-is-set-bring-tariff-peace-how-long-2026-06-15/"&gt;scrambled to meet a deadline&lt;/a&gt; from Trump to implement the changes by July 4.&lt;/p&gt;
&lt;p&gt;French President Emmanuel Macron said last week, before meeting with Trump at a G7 summit, that France would not bow to pressure from him and scrap ​its digital tax on US ​tech giants.&lt;/p&gt;
&lt;p&gt;The digital ⁠services it taxes include online marketplaces and advertising.&lt;/p&gt;
&lt;p&gt;Before setting off for the summit in France, Trump had warned that the US would “have no choice” but to apply ​100% tariffs on French wine unless Paris eliminated its digital tax.&lt;/p&gt;
&lt;p&gt;France has applied ​a 3% ⁠levy since 2019 on revenue earned in France from digital services provided by companies with revenue of more than €25 million in the country and €750 million ($854.02 million) worldwide. French lawmakers last year proposed doubling the tax to 6%.&lt;/p&gt;
&lt;p&gt;The US ⁠Trade Representative’s ​office has long threatened France, Britain, Austria, Spain and other ​European countries with &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/markets/us/ustr-says-austria-spain-uk-digital-taxes-discriminate-against-us-firms-2021-01-14/"&gt;retaliatory tariffs&lt;/a&gt; if they impose digital services taxes, arguing that these levies discriminate against US companies, which dominate the sector globally.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>US President Donald Trump threatened on Friday a 100% tariff on all goods from any country that imposes a digital services tax on American companies, inflaming transatlantic trade tensions a day after ​European Union countries <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/eu-governments-adopt-legislation-fulfil-eu-side-us-trade-deal-2026-06-25/">met Trump’s July 4 deadline</a> to cut tariffs on US goods.</strong></p>
<p>“Numerous European Countries have ​been discussing the imminent implementation of a Digital Services Tax on American Companies,” Trump ⁠said in a social media post.</p>
<p>“Some of these Countries are close to actually doing this.</p>
<p>“Please let this ​statement serve to represent that any Country that imposes such a Tax will immediately be met with a ​100% TARIFF on any and all Goods sent to the United States of America.”</p>
<p>Trump said the new tariff would supersede any trade deals with the United States, “whether implemented, signed or not.”</p>
<p>That would include the deal the US and EU agreed to ​last year, which caps US tariffs on European goods at 15% in exchange for EU countries reducing tariffs ​on US industrial goods to zero.</p>
<p>But a lengthy EU legislative process to meet the bloc’s commitments under the deal prompted ‌Trump ⁠to threaten to reimpose a 25% tariff on imports from Europe, including autos.</p>
<p>EU lawmakers then <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/eu-vote-us-trade-deal-is-set-bring-tariff-peace-how-long-2026-06-15/">scrambled to meet a deadline</a> from Trump to implement the changes by July 4.</p>
<p>French President Emmanuel Macron said last week, before meeting with Trump at a G7 summit, that France would not bow to pressure from him and scrap ​its digital tax on US ​tech giants.</p>
<p>The digital ⁠services it taxes include online marketplaces and advertising.</p>
<p>Before setting off for the summit in France, Trump had warned that the US would “have no choice” but to apply ​100% tariffs on French wine unless Paris eliminated its digital tax.</p>
<p>France has applied ​a 3% ⁠levy since 2019 on revenue earned in France from digital services provided by companies with revenue of more than €25 million in the country and €750 million ($854.02 million) worldwide. French lawmakers last year proposed doubling the tax to 6%.</p>
<p>The US ⁠Trade Representative’s ​office has long threatened France, Britain, Austria, Spain and other ​European countries with <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/markets/us/ustr-says-austria-spain-uk-digital-taxes-discriminate-against-us-firms-2021-01-14/">retaliatory tariffs</a> if they impose digital services taxes, arguing that these levies discriminate against US companies, which dominate the sector globally.</p>
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      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330461214</guid>
      <pubDate>Sat, 27 Jun 2026 11:14:40 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>US President Donald Trump. -- Reuters</media:title>
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