Trump Threatens To Slap 'Big Tariff' On UK Unless Tax On Tech Giants Is Axed

4 hours ago 5

Rommie Analytics

Relations between Donald Trump and Keir Starmer are in the gutter.Relations between Donald Trump and Keir Starmer are in the gutter.

Donald Trump has threatened to slap extra tariffs on UK goods unless the government drops its plans for a digital services tax on tech giants.

The US president accused the government of “targeting American companies” and said they “better be careful” or face the consequences.

Ministers hope to raise around £5 billion over the next five years from the digital services tax, which imposes a 2% levy on the revenues of search engines, social media services and online marketplaces operating in the UK.

The White House has previously lobbied the government to reduce or abolish the tax as part of trade discussions between America and Britain.

Asked about the tax on Thursday, Trump accused the UK of trying to “make an e...

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