Escalation in the Digital Trade War: Trump Threatens 100% Retaliatory Tariffs on Digital Services Taxes
By PYMNTS June 26, 2026 In a major escalation of international trade tensions, President Donald Trump announced on Friday, June 26, 2026, a hardline policy shift regarding the taxation of American technology firms abroad. Through a statement released via Truth Social, the President declared that the United States would impose a 100% tariff on all…
