Trump Threatens to Impose 100% Tariff on European Countries Over Tech Taxes

President Trump threatened to scrap a just-finalized trade deal with the European Union on Friday, saying that any country that levies a digital services tax would be hit immediately with a 100 percent tariff on all exports to the United States. Mr. Trump seized on the fact that several European countries are discussing imposing such taxes. Those taxes would apply to the revenue that major U.S. tech firms earn in Europe. If they choose to proceed, the United States would “immediately" impose a 100 percent tariff on them, he said. “This TARIFF will supersede Trade Deals made with the Country,...