US President Donald Trump threatened on Monday 25/8 that he will impose customs duties and restrictions on exports of countries which, according to him, target US technology companies. “Taxes or laws on digital services, and regulations on digital markets, are designed in all cases to discriminate against US companies or to be affected,” Mr Trump said via Truth Social. These comments seem to target special European countries and organizations that have adopted laws on digital services. The European Union, for example, has approved the “DMA) and the” Digital Services Market Regulation “(DSA), which relate to competition and content control. Britain also imposes a tax on digital services. If the measures that make ‘distinction’ against US companies are not abolished, Mr Trump did not exclude the imposition of ‘additional large customs […]
Source: News Beast
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