Trump Threatens 100% Tariff on European Nations Imposing Digital Services Taxes
- President Trump said the U.S. would immediately impose a 100% tariff on goods from any European country that enacts a digital services tax on American tech firms, according to the BBC and the New York Times.
- The threat would supersede recent bilateral trade deals that had capped EU export tariffs at 15%, reopening a major front in the transatlantic trade war and threatening the EU's digital-services-tax push.
- Markets read the comments as a negotiating posture rather than imminent action, but the escalation adds a fresh macro risk factor into a week already dominated by AI-stock jitters and Middle East conflict.