U.S. President Donald Trump threatened to impose fresh tariffs and export restrictions on advanced technology and semiconductors in retaliation against other nations’ digital services taxes that hit American technology companies.
Trump posted on social media Monday that the measures “are all designed to harm, or discriminate against, American Technology” and “outrageously, give a complete pass to China’s largest Tech Companies.”
“This must end, and end NOW!” Trump posted. “Unless these discriminatory actions are removed, I, as President of the United States, will impose substantial additional Tariffs on that Country’s Exports to the U.S.A., and institute Export restrictions on our Highly Protected Technology and Chips.”
The president’s latest act of trade brinkmanship again raises uncer