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

Rates not moving much week-over-week

June 14, 2026

Visa chaos frustrates soccer fans

June 14, 2026

Boston Cop Wows Kilt-Wearing Scottish World Cup Fans with Viral Soccer Ball Juggling Display

June 14, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Sunday, June 14
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Visa chaos frustrates soccer fans

    June 14, 2026

    19 House Republicans Bucked Their Party After GOP Leaders Refused To Include Warrant In Spy Tool Extension

    June 14, 2026

    FIFA's encounter with North America's messy democracy

    June 14, 2026

    Declassified UFO Files: Government Agents Reported Seeing Mysterious Orbs

    June 14, 2026

    Top Democrats watch Brazil-Morocco match – together

    June 14, 2026
  • Health

    This New Billionaire Is Gambling $100 Million To Be Georgia’s Next Governor

    June 14, 2026

    Another Brand Of Infant Formula Recalled After Botulism Cases

    June 14, 2026

    A Doctor’s Playbook For Staying Safe In The Heat

    June 13, 2026

    As AI Begins Building AI, Mental Health Experts Face New Questions

    June 13, 2026

    Peptide Fad Gripping America Reflects Outsize Role Of Influencers

    June 13, 2026
  • World

    Pope Leo Warns Europe’s Illegal People Traffickers

    June 14, 2026

    Trump Names James M. Mcdonald To Lead Powerful New York Federal Prosecutor’s Office

    June 14, 2026

    The Remarkable Refugee Journey Behind Australia’s New World Cup Heroes

    June 14, 2026

    Trump Says Iran Has Agreed Not to Pursue Nuclear Weapons

    June 14, 2026

    Trump’s Massive Reflecting Pool Overhaul Already Has A Very Visible Problem

    June 14, 2026
  • Business

    DOJ Approves Paramount Take Over Of Warner Bros

    June 12, 2026

    SpaceX Opens At $150 A Share, Breaks $2 Trillion Market Cap

    June 12, 2026

    Pilot Union Members Orchestrate Coup Against Labor Bosses

    June 9, 2026

    Jobs Report Blows Past Expectations In Welcome Bright Spot For Inflation-Plagued Economy

    June 5, 2026

    Wall Street Giants Bet Big On Tech As The Iran War Roils Global Markets

    June 4, 2026
  • Finance

    Rates not moving much week-over-week

    June 14, 2026

    Ultra-rich Americans are moving cash out of the market and hoarding historic levels. Here’s where they’re putting it

    June 14, 2026

    Enliven Therapeutics (ELVN) Soars on Stellar Leukemia Drug Trial

    June 14, 2026

    HELOC and home equity loan rates Saturday, June 13, 2026: Fed meets next week

    June 14, 2026

    Bitcoin Stalls As SpaceX IPO Takes Centre Stage

    June 14, 2026
  • Tech

    German Media Accuses Musk of Inciting Belfast Rioters to ‘Hunt’ Migrants

    June 13, 2026

    Meta Launches Program to Give Free AI-Powered Smart Glasses to Blind Veterans

    June 13, 2026

    Trump Administration Imposes Export Restrictions on Anthropic AI

    June 13, 2026

    SpaceX Shares Surge 18% in Trading Debut as Elon Musk’s Rocket Company Surpasses $2 Trillion Valuation

    June 13, 2026

    4,000 Current and Former Spacex Employees Become Millionaires After IPO Including Cafeteria Workers

    June 12, 2026
  • 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  'Enough Is Enough:' Charlie Kirk Blasts Universities that Let Violent Leftists Run Amok

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 Names James M. Mcdonald To Lead Powerful New York Federal Prosecutor’s Office

June 14, 2026

U.S. Men’s National Team Prays Together After Major Win

June 14, 2026

Trump Says Iran Has Agreed Not to Pursue Nuclear Weapons

June 14, 2026

Iran Vows to Continue Bombing U.S. Targets, Demands Halt to Trump ‘Threats’

June 14, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Market Rally Builds Momentum; Tesla Breaks Out, Rivals Near Buy Points With EV Deliveries Due

April 1, 2023

Farage Accuses Banks and Regulators of Slow-Walking Investigation

August 16, 2023

Mongolia Signs Agreement with SpaceX to Utilize Starlink

July 10, 2023

Warren Buffett’s Berkshire Hathaway buys more Occidental Petroleum shares

March 8, 2023
Don't Miss

Rates not moving much week-over-week

Finance June 14, 2026

According to rates from the Zillow lender marketplace, fixed and adjustable rates are not that…

Visa chaos frustrates soccer fans

June 14, 2026

Boston Cop Wows Kilt-Wearing Scottish World Cup Fans with Viral Soccer Ball Juggling Display

June 14, 2026

Pope Leo Warns Europe’s Illegal People Traffickers

June 14, 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 (4,381)
  • Entertainment (5,080)
  • Finance (3,769)
  • Health (2,276)
  • Lifestyle (1,892)
  • Politics (3,550)
  • Sports (4,503)
  • Tech (2,258)
  • Uncategorized (4)
  • World (4,963)
Our Picks

Review finds deep disparities in childhood exposure to neurotoxins

September 28, 2023

Amazon to Lay Off 9,000 *More* Employees After Cutting 18,000 in November

March 24, 2023

Trump Is Spending Millions To Paint Reflecting Pool Blue. It Will Likely Still Look Terrible

June 2, 2026
Popular Posts

Rates not moving much week-over-week

June 14, 2026

Visa chaos frustrates soccer fans

June 14, 2026

Boston Cop Wows Kilt-Wearing Scottish World Cup Fans with Viral Soccer Ball Juggling Display

June 14, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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