• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Voters Now Trust Democrats More Than GOP On Economy Due To Iran War

May 1, 2026

LIV Golf To Inform Players That Saudi Arabia’s PIF Is Withdrawing Funding After 2026 Season: REPORT

May 1, 2026

OxyContin maker Purdue Pharma set to dissolve

May 1, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 1
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Trump Brags About Being Tested For Dementia And Says His Supporters Couldn’t Pass

    May 1, 2026

    Centrist Democrats beef up affordability message

    May 1, 2026

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023
  • Health

    OxyContin maker Purdue Pharma set to dissolve

    May 1, 2026

    Experts analyze PFAS results in FDA infant formula safety review

    May 1, 2026

    Casey Means, Nicole Saphier, infant formula: Morning Rounds

    May 1, 2026

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023
  • World

    Passenger Booted From Delta Flight For Truly Obnoxious Behavior

    May 1, 2026

    We Should Re-Freeze the Iran Prisoner Swap Funds

    May 1, 2026

    Trump Shares New Map Showing The ‘Strait Of Trump’ And It Doesn’t Chart Well

    May 1, 2026

    The U.S. Has to Use Military Force if Hezbollah Moves Forces into Israel

    May 1, 2026

    Scott Jennings’ On-Air Meltdown Sparks Mockery

    May 1, 2026
  • Business

    Voters Now Trust Democrats More Than GOP On Economy Due To Iran War

    May 1, 2026

    EXCLUSIVE: New Conservative Campaign Demands Senate Buck Big Banks In Crypto Spat

    May 1, 2026

    Trump Renews Tariff Fight With European Union

    May 1, 2026

    Spirit Airlines Prepares To Ground Flights After $500 Million Federal Bailout Falls Apart

    May 1, 2026

    America’s Debt Just Hit Grim Milestone After Decades Of Politicians Spending Like Drunken Sailors

    April 30, 2026
  • Finance

    Berkshire Hathaway’s shopping extravaganza draws lighter crowds as spotlight shifts to Greg Abel

    May 1, 2026

    Bank of America resets Microsoft stock forecast after earnings

    May 1, 2026

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025
  • Tech

    Trump Threatens ‘Big Tariff’ Over London’s Bid to Tax U.S. Tech Firms

    May 1, 2026

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Tech»Trump Threatens ‘Big Tariff’ Over London’s Bid to Tax U.S. Tech Firms
Tech

Trump Threatens ‘Big Tariff’ Over London’s Bid to Tax U.S. Tech Firms

May 1, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

President Trump warned the United Kingdom against trying to “make an easy buck” on American big tech firms with the digital services tax which nets Westminster almost a billion pounds a year.

The UK could be subjected to new tariffs if it doesn’t stop taxing American tech giants, U.S. President Donald Trump warned in Oval Office remarks late Thursday. President Trump said: “they better be careful. If they don’t drop the tax, we’ll probably put a big tariff on the UK.”

Keeping the tax on U.S. tech giants wouldn’t be worthwhile, Trump said, because “What we’ll do is we’ll reciprocate by putting something on that’s equal or greater than what they’re doing”.

The UK digital services tax imposes a two per cent levy on relevant activity of large digital companies active in the social media, internet search, and online marketplace spaces. The British government argues that these companies make significant profits from operating in the United Kingdom, but would do so without contributing to the social good of the country that creates the conditions for them to operate if some sort of tax wasn’t levied.

Companies like Amazon, Google, Meta, and eBay have paid the levy in recent years, which in 2025 raised £800 million for Westminster in 2025.

Several countries have such laws and the OECD is working on a years-long bid to replace them with a single global taxation scheme on digital profits, which are argued to defy borders and traditional taxation in a way that conventional businesses do not. The UK has pledged to abolish its digital services tax, but only when a new global system comes online. As the home of most of the world’s largest digital companies, the United States government has consistently opposed these plans, and President Trump has been part of that.

See also  AI-Generated Deepfake Porn Scandal Rocks New Jersey High School

In his Oval Office remarks, President Trump acknowledged that it isn’t only the United Kingdom that imposes this tax. He said: “The UK did it, a couple of other people did it… They think they’re going to make an easy buck, that’s why they’ve all taken advantage of our country.”

The remarks come as part of a broader cooling by President Trump towards the British government. The most clearly Anglophile U.S. President in decades, Trump has repeatedly made clear his affection for the country itself and his interest in it doing well, and the Royal family, but has evidently grown tired of the combative stance of the left-wing leadership of Prime Minister Sir Keir Starmer.

As reported on Thursday, President Trump again expressed his desire to help Britain out by advising the government to act in the national interest on energy prices and border control. Failing to take actiuon soon on his hot-button topics could leave PM Starmer unable to recover his rock-bottom popularity, the President reflected, adding: “he can recover, but if he doesn’t [act], I don’t think he has a chance.”

bid big Firms Londons Tariff tax Tech Threatens Trump U.S
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump Brags About Being Tested For Dementia And Says His Supporters Couldn’t Pass

May 1, 2026

EXCLUSIVE: New Conservative Campaign Demands Senate Buck Big Banks In Crypto Spat

May 1, 2026

Trump Shares New Map Showing The ‘Strait Of Trump’ And It Doesn’t Chart Well

May 1, 2026

The U.S. Has to Use Military Force if Hezbollah Moves Forces into Israel

May 1, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

77 Good Morning Blessings for a Great Start to Your Day

March 30, 2023

Kathy Griffin Posts Photo of Jack Smith Holding Trump’s Severed Head

August 12, 2023

Apple Will Have To Stop Selling Apple Watches In The US Unless Biden Steps In: REPORT

December 19, 2023

Jim Harbaugh to Receive Self-Imposed Suspension from Michigan

August 22, 2023
Don't Miss

Voters Now Trust Democrats More Than GOP On Economy Due To Iran War

Business May 1, 2026

More Americans now trust Democrats to handle the economy over Republicans, according to a Napolitan…

LIV Golf To Inform Players That Saudi Arabia’s PIF Is Withdrawing Funding After 2026 Season: REPORT

May 1, 2026

OxyContin maker Purdue Pharma set to dissolve

May 1, 2026

Zayn Malik Cancels US Tour Dates After Mysterious Hospital Stay

May 1, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,351)
  • Entertainment (4,224)
  • Finance (3,205)
  • Health (1,941)
  • Lifestyle (1,872)
  • Politics (3,086)
  • Sports (4,042)
  • Tech (2,007)
  • Uncategorized (4)
  • World (3,949)
Our Picks

Study Shows 1,100% Spike In Mississippi Babies Born With Syphilis—It’s Also Rising In These Other States

September 23, 2023

Why the latest job-market data is a worst-case scenario for stock bulls

July 7, 2023

Fed is not your friend

February 14, 2023
Popular Posts

Voters Now Trust Democrats More Than GOP On Economy Due To Iran War

May 1, 2026

LIV Golf To Inform Players That Saudi Arabia’s PIF Is Withdrawing Funding After 2026 Season: REPORT

May 1, 2026

OxyContin maker Purdue Pharma set to dissolve

May 1, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.