President Donald Trump revealed plans on February 21, 2025, to 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 are a direct attack on American innovation,” Trump said. “We will respond with strong measures to protect our companies.”
The announcement has sparked concerns about escalating trade tensions and potential disruptions to global trade. Critics argue that retaliatory tariffs could harm economic recovery and strain diplomatic relations.
