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Trump threatens 100% tariff on European countries that impose digital tax
The US president has issued a warning to European countries considering a digital tax on American companies.
AI Summary
The US president has issued a warning to European countries considering a digital tax on American companies. He stated that any country imposing such a tax would face a 100% import tariff, which would supersede existing trade agreements between the two regions. This move would have significant implications for international trade, particularly for US companies operating in Europe. The tariff would effectively block imports from the affected countries, potentially disrupting supply chains and impacting businesses. The president's statement suggests a hardline stance on the issue, with the tariff to be imposed immediately if the tax is implemented.
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