22.02.2025 09:50
U.S. President Donald Trump plans to take measures against digital service taxes imposed on American companies, including tariffs. He has also signed new decisions aimed at restricting Chinese investments in the United States.
U.S. President Donald Trump signed a decision regarding the evaluation of retaliatory measures, including tariffs against taxes imposed by foreign governments, such as digital service taxes on American companies.
"AGAINST BULLIES" IT WAS STATED
In a statement from the White House, it was reported that Trump signed a decision to protect American companies from "bullying" abroad. The statement noted that the Trump administration would evaluate retaliatory measures such as tariffs against taxes imposed by foreign governments, including digital service taxes, fines, applications, and policies applied to American companies.
ADDITIONAL MEASURES AGAINST ALL GOVERNMENTS
The statement emphasized that foreign governments would not be allowed to use America's tax base for their own interests, and with this decision, the U.S. Trade Representative was instructed to renew investigations into digital service taxes initiated during Trump's first term and to investigate other countries that use digital service taxes that discriminate against American companies. The statement also mentioned that regulations such as the Digital Markets Act and the Digital Services Act, which determine how American companies interact with consumers in the European Union (EU), would be scrutinized by the administration.
TRUMP ALSO SIGNED A DECISION TO RESTRICT CHINA'S INVESTMENTS IN THE U.S.
On the other hand, U.S. President Trump also signed a decision to restrict China's investments in U.S. technology, critical infrastructure, health, agriculture, energy, raw materials, and other strategic sectors. The White House statement noted that the decision aimed to protect U.S. national security interests, particularly against threats from foreign competitors like China. It was stated that the Committee on Foreign Investment in the United States (CFIUS) would be used to restrict Chinese investments in strategic sectors such as technology, critical infrastructure, health, agriculture, energy, and raw materials.
SPECIAL MEASURES AGAINST TECHNOLOGY TRANSFER
The statement indicated that new rules would be introduced to prevent the misuse of American capital, technology, and knowledge by foreign competitors like China, and that only investments serving American interests would be allowed. The statement also noted that the Trump administration would consider imposing new or expanded restrictions on U.S. investments in China, including in sensitive sectors such as semiconductors, artificial intelligence, quantum technology, biotechnology, aerospace, and others.