Trump Threatens Tariff on EU Countries

US President Donald Trump has threatened to impose a 100% tariff on European countries that impose a digital services tax. The move comes just a day after the European Union approved tariff reductions on US goods.

The EU's tariffs on US goods include reductions on spirits, cheeses, and airplanes.

• The digital services tax is expected to be levied on US tech giants such as Google, Amazon, and Facebook.
• The tax is intended to offset the revenue loss from implementing the EU's 6% digital services tax.
• The EU and the US have been at odds over the digital services tax for several months.

The White House announced the move in a statement, citing the need to 'protect American businesses' and 'demand fair reforms.'