U.S. President Donald Trump has threatened to impose tariffs on the UK if Prime Minister Keir Starmer does not scrap the country’s Digital Services Tax (DST). Trump told The Telegraph he would “put a big tariff on the UK” unless the tax is dropped. The levy is widely seen as unfairly targeting American tech giants. The UK Treasury reported last year that it had collected millions of pounds from the tax. Connor Stringer for The Telegraph:
It never ends with the Brits (and their EU cousins): a deep-seated cultural and political addiction to high taxes, big government, and the welfare state — especially when they can leech off wildly successful, innovative American tech companies that actually create value the world wants. Waning nations like the United Kingdom under feckless Starmer and the socialist-leaning collective in the bloated European Union are increasingly pathetic and desperate. These weak, fading nations — bloated with bureaucracy, strangled by regulation, and addicted to handouts — have nothing left but to latch onto America’s dynamic tech sector like parasites. They contribute little in return except endless complaints, barriers to entry, and demands for “more, more, more!” President Trump is right to push back hard. American innovation shouldn’t be penalized to prop up failing welfare-state models overseas. If the UK and EU refuse to drop these leech-like taxes, punishing tariffs are a perfectly appropriate response. Time for these self-sabotaged, has-been economies to innovate or evaporate — not endlessly suckle at the teat of U.S. tech excellence. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post President Trump threatens Starmer with ‘big tariff’ over UK tech tax appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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