President Trump is poised to impose hefty tariffs on countries implementing digital taxes aimed at American tech firms. In a fiery Truth Social post, he vows to protect U.S. technology and warns of consequences for those who disrespect American companies.
In a robust response to international digital taxes targeting U.S. tech firms, President Trump threatens to impose new tariffs and export restrictions on advanced technology and semiconductors, claiming these measures protect American interests against foreign discrimination.
In a significant escalation of the trade war, China has imposed tariffs of up to 15% on U.S. farm products and blacklisted over 20 American companies. This retaliation comes after Trump’s announcement of increased tariffs on Chinese goods.
Discover how American companies are responding to the Trump administration's anti-diversity push, with some rolling back DEI programs while others stand firm in their diversity efforts.