Donald Trump warns of new tariffs and export controls against countries that he claims "discriminate" against American tech giants. The statement could escalate trade conflicts with both the United Kingdom and the EU.
In a post on his Truth Social platform on Monday evening, the president launched a harsh attack against "digital taxes, legislation, rules or regulations" and claimed that as president he intends to defend American companies against what he described as malicious attacks.
"As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies. Digital Taxes, Digital Services Legislation and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology", Trump wrote.
"They also, outrageously, give a complete pass to China’s largest Tech Companies. This must end, and end NOW!" he continued.

According to analysts, the statement risks further deteriorating trade relations between the US, the United Kingdom and the EU.
"Flagrant attack"
Washington has long criticized the UK's digital services tax, which despite American criticism was retained after an agreement with Trump's previous administration. The US has also directed harsh criticism at the EU's Digital Services Act, which places higher demands on large tech companies to control content on their platforms.
Several EU countries, including France, Italy and Spain, have had their own taxes of similar nature since before, reports Financial Times.
In June, Canada chose to scrap its digital services tax to pave the way for trade negotiations with the US. Trump had previously described the tax as a "direct and flagrant" attack. The British also considered changes to their tax, but ultimately managed to reach a trade agreement without making changes.
In the UK's case, the tax is 2 percent and applies to companies like Alphabet, Meta and Amazon. It affects companies with global revenues over £500 million and is levied on parts of turnover exceeding £25 million in the country.




