Digest: Trump Warns Tariffs on Nations 'Discriminating' Against US Tech; Elon Musk's xAI Sues Apple & OpenAI for Monopoly Practices - ExchangeWire.com
Trump has warned tariffs on countries imposing digital taxes on US tech firms. He said measures such as the UK's digital services tax and similar rules in France, Italy and Spain discriminate against companies like Google, Meta, Amazon and Apple. Trump said he will add tariffs on exports and restrict technology sales if those policies stay in place.
Trump threatens taxes, bans, for nations that tax Big Tech
"Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology. They also, outrageously, give a complete pass to China's largest Tech Companies," he added. "This must end, and NOW!" his post continued, before promising "substantial additional Tariffs" on any nation that dares to persist with regulations, plus "Export restrictions on our Highly Protected Technology and Chips."