Trump signs memo to impose retaliatory tariffs for digital taxes

Quick Summary:

WASHINGTON: President Donald Trump has signed a memorandum to impose tariffs on countries that levy digital service taxes on U.S.technology companies, a White House official said.

US President Donald Trump speaks during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Monday, Feb.10, 2025.

Trade Representative's office during Trump's first term found them to discriminate against U.S.companies and readied retaliatory tariffs.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustriaCanadaFranceIndiaItalySpainTurkeyUnited States

Topics: Tariffs Economy Digital service taxes Donald Trump Trade Taxes Technology /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-22 @ 10:44:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 592 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26326364

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