President Donald Trump announced on February 21, 2025, that he will impose retaliatory tariffs on countries implementing digital taxes targeting U.S. tech companies. The tariffs, which could take effect as early as Friday, are aimed at countries like France, Italy, and the United Kingdom.
“These digital taxes unfairly target American companies, and we will respond decisively,” Trump said.
The announcement has raised concerns about escalating trade tensions and potential disruptions to global trade. Critics warn that retaliatory tariffs could harm economic recovery and strain diplomatic relations.
