WASHINGTON — President Donald Trump issued a sharp warning Friday, threatening to hit any country that taxes American technology companies with a sweeping 100% tariff on all goods entering the United States.
Trump made the announcement through a social media post, noting that several European nations have been moving toward implementing digital services taxes aimed at U.S. companies.
“Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies,” Trump wrote. “Some of these Countries are close to actually doing this.”
“Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America,” he added.
Trump further stated that the threatened tariff would take precedence over any trade agreements with the United States, “whether implemented, signed or not.”
The announcement comes just days after French President Emmanuel Macron publicly declared that France would not back down from its digital tax on U.S. tech giants, even under pressure from Trump. The two leaders made those remarks ahead of their meeting at the G7 summit.
Prior to traveling to the summit in France, Trump had already warned that the U.S. would “have no choice” but to impose 100% tariffs on French wine if Paris refused to drop its digital tax.
France has had a 3% levy in place since 2019 on revenue generated through digital services by companies earning more than €25 million within France and more than €750 million globally.
