Donald Trump threatened to inflict "substantial" tariffs on countries that impose digital taxes on tech companies' revenue. Mark Zuckerberg raised concerns about those levies during a White House meeting with the president. The Facebook co-founder visited the president late last week, according to people familiar with the private meeting who asked not to be named. Trump and Zuckerberg discussed the threat of digital service taxes, which are imposed on revenue that tech companies receive from users in particular countries. Meta generates the vast majority of its revenue through advertising targeted at Instagram, Facebook and WhatsApp users.
US president Donald Trump threatened to inflict "substantial" tariffs on countries that impose digital taxes just days after Meta CEO Mark Zuckerberg raised concerns about the levies during a White House meeting. The Facebook co-founder visited Mr Trump late last week, according to people familiar with the private meeting, who asked not to be named as the details aren't public.
The Facebook co-founder visited Mr Trump late last week, according to people familiar with the private meeting, who asked not to be named as the details aren't public. During the meeting, one of the people said, Mr Trump and Mr Zuckerberg discussed the threat of digital service taxes, which are imposed on the revenue that tech companies get from users in a particular country. Meta generates the vast majority of its revenue through advertising targeted at Instagram, Facebook and WhatsApp users.
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