{"id":434730,"date":"2026-07-22T00:02:37","date_gmt":"2026-07-21T18:32:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/trump-threatens-tariffs-if-european-countries-tax-us-tech-firms-crypto-news\/"},"modified":"2026-07-22T00:07:09","modified_gmt":"2026-07-21T18:37:09","slug":"trump-threatens-tariffs-if-european-countries-tax-us-tech-firms-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/trump-threatens-tariffs-if-european-countries-tax-us-tech-firms-crypto-news\/","title":{"rendered":"Trump Threatens Tariffs if European Countries Tax US Tech Firms – Crypto News"},"content":{"rendered":"

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President Donald Trump said Friday (June 26) that he will impose a 100% tariff on goods from any country that imposes a digital services tax on American companies.<\/p>\n

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Several European countries have been considering implementing such a tax, and some are close to doing so, Trump said in a Friday\u00a0post<\/a> on Truth Social.<\/p>\n

\u201cPlease 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,\u201d Trump said in the post. \u201cThis TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not. Additionally, the 100% TARIFF will be immediately imposed, if they proceed.\u201d<\/p>\n

The Wall Street Journal\u00a0reported<\/a>\u00a0Friday that France,\u00a0Denmark\u00a0and Portugal already impose taxes on large tech firms and that other European countries have been considering for years the addition of such taxes.<\/p>\n

The issue of digital services taxes was not resolved by the deal Trump struck last year with the European Union, which capped most tariffs on European goods at 15% in exchange for concessions.<\/p>\n

An EU spokesperson told the WSJ: \u201cUnilateral measures targeting such legitimate policies are unjustified.\u00a0If pursued, the EU will respond swiftly and decisively to defend its rights and regulatory autonomy.\u201d<\/p>\n

It was reported in March that Poland\u2019s government was preparing legislation for a\u00a0digital services tax<\/a>\u00a0and that this had strained the country\u2019s relations with the U.S.<\/p>\n

Reuters\u00a0reported<\/a> Friday that French President Emmanuel Macron said last week that France would not end its digital tax. Trump said that the U.S. could impose a 100% tariff on French wine if France did not eliminate the tax.<\/p>\n

The report said the U.S. Trade Representative\u2019s office has argued that digital services tax discriminate against U.S. companies, because those companies dominate the digital sector.<\/p>\n

CNBC\u00a0reported<\/a> Friday that it is not clear which statute Trump would use to carry out his threat of additional tariffs, because the Supreme Court struck down his earlier \u201creciprocal\u201d tariffs, and there is a 150-day limit on tariffs created under the statute he cited when imposing a new global 10% tariff.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump said Friday (June 26) that he will impose a 100% tariff on goods from any country that imposes a digital services tax on American companies. Several European countries have been considering implementing such a tax, and some are close to doing so, Trump said in a Friday\u00a0post on Truth Social. \u201cPlease let […]<\/p>\n","protected":false},"author":2,"featured_media":434731,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-434730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/434730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=434730"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/434730\/revisions"}],"predecessor-version":[{"id":434732,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/434730\/revisions\/434732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/434731"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=434730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=434730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=434730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}