Overview
- In a Truth Social post, the president warned countries with digital taxes or digital‑market rules deemed discriminatory that they face “substantial additional tariffs” and potential limits on exports of U.S. chips and advanced technology, and no new measures were announced.
- Reuters reported the administration is considering sanctions on European Union or member‑state officials involved in enforcing the bloc’s Digital Services Act.
- The move builds on February orders to revive USTR investigations into digital services taxes and on earlier pressure that preceded Canada’s decision in June to rescind a planned levy.
- Coverage highlights likely focus on Europe’s DMA/DSA and the UK’s digital tax, while observers in Seoul said South Korea’s proposed platform regulations could also draw scrutiny.
- Market reports tied the post to modest declines in U.S. equity futures and a rise in gold and the Cboe Volatility Index as investors assessed the risk of escalation.