Trump Threatens Retaliation Over Tech Taxes

Trump Threatens Retaliation Over Tech Taxes

Washington D.C. – The United States President has issued a strong warning to international governments regarding potential measures targeting American technology companies. In a statement released Monday evening, the President signaled a willingness to retaliate against countries implementing digital taxes or specific regulations aimed at U.S. tech firms, a practice currently under consideration in several nations, including Germany and across the European Union.

The statement contends that such policies, including digital service taxes and regulations governing digital markets, are designed to unfairly harm or discriminate against American technology companies, while simultaneously failing to address comparable policies impacting large technology firms based in China.

The President indicated a readiness to impose “substantial additional tariffs on the exports of these countries into the United States” and to implement export restrictions on sensitive U.S. technology and semiconductors should these “discriminatory practices” persist. The statement asserted that the U.S. and its technology sector will not be positioned as sources of funding or subject to unfair treatment in the global landscape.

The message concluded with a direct appeal for respect towards the United States and its technology companies, coupled with a warning of potential consequences should that respect not be forthcoming. The administration has not yet specified the exact nature or timing of any potential retaliatory measures.