- Donald Trump has threatened the UK with a 100 per cent import tariff on all goods if it proceeds with its digital services tax on American social media firms.
- This punitive measure, announced on his Truth Social platform, would supersede any existing trade deal between the two nations.
- The UK's 2 per cent levy applies to major US tech companies like Apple, Google and Meta, with global digital revenues exceeding £500m and over £25m generated from British users.
- The digital services tax, implemented in 2020, is projected to raise over £800m in 2024–25, up from £678m in 2023–24.
- Trump had previously warned of such action, and the tax has also drawn criticism from Joe Biden.
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