President Trump has issued a clear warning to the U.K., threatening to impose significant tariffs unless the country removes its digital services tax on U.S. tech firms.
Speaking from the Oval Office, Trump accused nations of aiming to make an “easy buck” by targeting American tech companies.
“We have been looking at it, and we can meet that very easily by just putting a big tariff on the U.K., so they better be careful,” Trump said. “If they don’t drop the tax, we’ll probably put a big tariff on the U.K.”
The tax, first introduced in 2020, is a 2% levy on the revenues of search engines, social media platforms, and online marketplaces that generate value from U.S. users. This tax applies to several U.S.-based companies, including Google, Meta, and Apple.
Trump’s remarks come after several public criticisms of U.K. Prime Minister Keir Starmer in recent weeks, reigniting trans-Atlantic trade tensions before King Charles III and Queen Camilla’s four-day U.S. state visit.
The king and queen plan to travel to the U.S. on Monday and meet Trump at the White House.
By CEO NA Editorial Staff
