Trump vows export curbs, tariffs in digital tax reprisal


Soon after Trump set country-based levies with dozens of partners earlier this month, he vowed to impose new charges on a range of imports. — Reuters

US President Donald Trump threatened to impose fresh tariffs and export restrictions on advanced technology and semiconductors in retaliation against other nations’ digital services taxes that hit American technology companies.

Trump posted on social media Monday that the measures "are all designed to harm, or discriminate against, American Technology” and "outrageously, give a complete pass to China’s largest Tech Companies.”

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Once a gamble in the desert, electric grid batteries are everywhere
How a cryptocurrency helps criminals launder money and evade sanctions
How much water does AI actually use? Depends on whom you ask
South Korea's consumer agency to order SK Telecom to compensate 58 hacking victims
Opinion: What happens to online discussion forums when AI is the first place people turn?
A Reddit post led to a breakthrough in the Brown shooting investigation
Review: For disappointed 'Civ' fans, 'Anno 117' will scratch that strategy itch
What is so special about TikTok's algorithm?
Robotics pioneer says the field has lost its way
Google warns staff with US visas against international travel due to embassy delays, Business Insider says

Others Also Read