Multiple countries have proposed ‘digital service taxes’ which are taxes on the domestic use of American tech platforms like META, Twitter, Amazon etc. EU countries are planning to tax U.S. based tech platforms for the revenues generated by operations within EU countries.
President Trump announces retaliatory action via reciprocity taxes, in essence leveraging the entirety of the U.S. consumer market, if the EU proceed with this new tax revenue scheme against U.S. companies. Canada was on the cusp of a digital services tax last year when Trump made a similar announcement forcing Canada to abandon the plan.
[SOURCE]
WASHINGTON DC – […] Trump’s promise to raise tariffs threatens to complicate trade talks with the European Union. Trump’s threat comes one day after EU member states approved an agreement that would slash tariffs on U.S. industrial goods and some agricultural products. In return, the U.S. would cap most tariffs on the European Union at 15 percent.
Outside of proposed taxes, the EU has in place various measures designed to crack down on outsized influence from big tech companies, such as the Digital Markets Act, which allows regulators to set strict operating rules and fine large platforms.
In a statement, the European Commission defended its “sovereign right” to regulate its own economic activity.
“Unilateral measures targeting such legitimate policies are unjustified. If pursued, the EU will respond swiftly and decisively to defend its rights and regulatory autonomy,” it said. “The EU has consistently supported a global solution to the fair taxation of the digital economy, in line with the G7 finance ministers conclusions. That remains our preferred path, and we are ready to engage constructively to get there.” (read more)
EU really likes ‘taxation without representation’ schemes.
Everything without representation schemes, in my opinion.
How does this fit in to all of that?
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Howard Lutnick
@howardlutnick
Europe just passed their historic legislation on the US-EU trade deal. Europe has reduced their tariffs to ZERO for the first time ever. This is a historic accomplishment for our great automakers, fishers, ranchers and so many producers who will finally have a level playing field when trading with Europe.
Cont…
The parasites are desperate for other people’s money.
If Kamala won we would be getting taxed under some crazy world commerce scheme that would make official what they’ve already been doing clandestinely…. forcing the US middle class to fund the rest of the world.
That level of taxation would have just become the new floor for our “fair share”, and would have only gone up with going all in on the ruinable energy, and social justice reparations ad infinitum.
were already funding fraud, terrorism, murder, theft, porn, graft, grift, extortion, counterfeiting, frame jobs, war, sloth, obesity, pandemics, brainwashing, psyops, child abuse, child trafficiking, prostitution, usury, orgies, and many other evils.
Under their scheme the middle class will disappear.
Meet the new peasant class.
Commies despise the middle class, calling them “petite bourgeois”.
Middle class is contrary to Commies theology of oppressed masses ruled by bourgeois capitalists. Better to crush the middle class and reduce them to poverty.
If that illiterate whore POS stoled the second election (the Dams/Rinos already stoled the 2020) there would’ve been a response from those standing in the brink that the Left, the clingers and the “Quakers aka fence sitters” could never understand. Stop dwelling on the negative BS.
President Trump won by a LANDSLIDE just like he did in 2020 when they stoled it. He and MAGA aren’t playing games with either group anymore.
Couldn’t love President Trump’s straight forward speaking any more than I do and always have.
Ain’t no playing around with this leader.
How does this work with all the stupid commie judge domestic rulings on tariffs?
They’ll be along any moment to try and thwart President Trump.
If he supports AMERICA they are AGAINST it!!!
He just stops the trade completely via the same case.
I am so glad we have an Eagle/Lion/Wolf in our White House, who puts the USA and its Citizens first in all dealings!
It isn’t just the EU planning a DST. The UN has their own plans, as well.
The UN is planning to tax ALL shipping by Air or Sea to “save the planet from global warming”.
“If implemented, the UN agency levies will raise global shipping and aviation costs, adding to inflation worldwide. Shipping produces just around 2 per cent of global greenhouse gas emissions, yet a UN tax on it would add costs to virtually every traded good. Shipping carries more than 80 per cent of global trade, a share expected to grow.”
https://www.telegraph.co.uk/news/2026/06/22/united-nations-imo-taxes-unaccountable-shipping-aviation/
They expect to collect 13 Billion dollars per year in carbon offset purchases, alone.
PT should tell them to pound sand.
That is not even the half of the redicouslessness.
These grifters want the entire shipping industry to switch over to alternative fuel sources like ammonia which has serious problems over just using bunker fuel in international waters.
Take a guess who has the shipyard capacity to replace most of the world’s shipping fleets with “ecofriendly” and (less) efficient designs for a price?
You want to tax digital companies ok then…pay for your own defense and we just leave nato
This digital services tax is not really a tax in the normal sense. It is a levy on pre-tax revenues rather than a tax on profits. In that sense it really is more like a tariff, even though they are supposedly now reducing their tariffs to zero. All they do is play games. You watch – if they drop the digital services tax they will reimpose some or all of their old tariffs. Most of the EU is going broke or already broke and they must get money from the outside somehow since they are not willing to make the changes needed to improve their economies and productivity.
the best outcome would actually be for europe to impose a DST and then for USA to impose a 100 % tax in european imports. lets just skip all the BS and just do that.
it is long past time for each country to be self sufficient and self contained. a monolithic human culture is not good for survival. we need real diversity.
Europe seems to want price war with USA. They import savages, deny free speech, and think they can also demand taxes on USA? What has happened to their minds?