26.08.2025 08:01
U.S. President Donald Trump threatened to impose additional tariffs and export restrictions on countries that implement digital services taxes. Trump stated, "America and American technology companies are no longer the 'piggy bank' or 'doormat' of the world. Show respect to America and our incredible technology companies, or be prepared to face the consequences."
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US President Donald Trump announced that he would impose additional tariffs on countries that implement digital services taxes and that he would impose restrictions on the export of the US's highly protected technology and chips to these countries if they do not remove these practices.
"DIGITAL TAXES ARE DESIGNED TO HARM US TECHNOLOGY"
Trump made a statement on the issue via his social media account. As the President of the United States, he stated that he would stand against countries that "attack" American technology companies, arguing that digital taxes, digital services legislation, and digital market regulations are designed to harm or discriminate against American technology.
"THIS MUST COME TO AN END"
Trump emphasized that these practices do not pose any obstacles to China's largest technology companies and that this must come to an end.
"THE US IS NO LONGER THE WORLD'S PIGGY BANK"
US President Trump stated: "To all countries that impose digital taxes, legislation, rules, or regulations, as President of the United States, I will impose significant additional tariffs on that country's exports to the US unless these discriminatory practices are removed, and I will impose export restrictions on our highly protected technology and chips. America and our incredible technology companies are no longer the 'piggy bank' or 'doormat' of the world. Show respect to America and our amazing technology companies, or be prepared to face the consequences."
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