Donald Trump warned European nations on Truth Social that any country implementing a digital services tax targeting American companies would face immediate 100% tariffs on all goods exported to the United States. The threat comes as several European countries advance plans to levy taxes on digital services provided by U.S. firms, with some nations nearing formal adoption of such measures.
Trump stated the tariffs would supersede all existing trade agreements, whether signed, ratified, or under negotiation. He emphasized that the penalty would take effect immediately if European nations proceed with the tax policies, framing the warning as an official notice to the bloc.
The statement escalates trade tensions between the U.S. and Europe at a time when both regions are negotiating commercial relationships. Digital services taxes have become a focal point of international trade disputes, as European governments seek new revenue streams from technology companies. The threat adds uncertainty to cross-Atlantic commerce and could influence cryptocurrency markets sensitive to regulatory and trade policy shifts.