U.K. Signals Willingness to Reconsider Digital Services Tax After Trump Tariff Threat
government has indicated its willingness to reconsider its digital services tax amid increasing pressure from the Trump Administration. The concession came in response to an interview published Monday in which U.S.
Reported by 1 outlet — TIME. See all sources ↓
government has indicated its willingness to reconsider its digital services tax amid increasing pressure from the Trump Administration. The concession came in response to an interview published Monday in which U.S. Trade Representative Jamieson Greer told The Times that President Donald Trump’s threats to scrap a trade deal with Britain and impose a 100% tariff were “not a bluff.” When asked if the interview might lead Downing Street to change its stance on the tax, a government spokesperson told TIME, “We remain open to discussing U.S. concerns and working with partners internationally.” The digital services tax imposes a 2% levy on the revenues of “search engines, social media services, and online marketplaces which derive value from U.K.
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- What's the story?
- government has indicated its willingness to reconsider its digital services tax amid increasing pressure from the Trump Administration. The concession came in response to an interview published Monday in which U.S.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 9m ago.
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U.K. Signals Willingness to Reconsider Digital Services Tax After Trump Tariff Threat
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