Trump Threatens 100% Tariffs on Europe, Jeopardizing Fresh EU Trade Deal
Updated
Updated · The New York Times · Jun 26
Trump Threatens 100% Tariffs on Europe, Jeopardizing Fresh EU Trade Deal
3 articles · Updated · The New York Times · Jun 26
Summary
A just-finalized U.S.-EU trade deal could be scrapped after Trump said any country that adopts a digital services tax would face an immediate 100% tariff on all exports to the United States.
The threat targets several European countries weighing taxes on revenue that major U.S. tech companies earn in Europe, which Trump said would trigger penalties even if trade deals were already signed.
Legal hurdles could slow any move: the Supreme Court struck down Trump’s emergency-law tariffs in February, leaving Section 301 investigations as a potentially faster but still more formal route.
Trump made a similar 100% tariff threat against French wine earlier in June over digital taxes but did not carry it out, underscoring the uncertainty around enforcement.