Trump Threatens New Tariffs on Countries That Tax Tech Companies

The U.S. will increase tariffs and impose export restrictions on countries that tax or regulate U.S. tech firms, President Trump said on Monday evening, in his most direct threat unless these discriminatory actions are removed.

- Gavin Bade & Amrith Ramkumar

The U.S. will increase tariffs and impose export restrictions on countries that tax or regulate U.S. tech firms, President Trump said on Monday evening, in his most direct threat 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," Trump wrote in a post on his Truth Social platform.