Trump vows immediate 100% tariff if countries levy digital services tax

TL;DR

President Trump is threatening a 100% tariff on countries that implement digital services taxes.
Such taxes are aimed at companies doing business in a country without a physical presence and income tax.
Trump stated that any country imposing this tax will immediately face the tariff on all goods imported to the U.S.
This tariff would override existing trade agreements.
About half of European OECD members have proposed, announced, or implemented digital services taxes, mainly affecting U.S. companies.
Digital taxes were a sticking point in past trade deal negotiations.
Trump previously threatened retaliation and launched investigations into European countries with digital taxes.

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