00:00U.S. President Donald Trump warns that the U.S. may impose tariffs on the United Kingdom
00:05if U.K. Prime Minister Keir Starmer proceeds with plans to introduce a digital services tax
00:11on the revenues of large multinational technology companies.
00:15Trump claims that the policy unfairly targets large American technology companies that operate globally.
00:24We are looking at it, we've been looking at it, U.K. did it, a couple of other people did
00:28it,
00:28they think they're going to make an easy buck, that's why they've all taken advantage of our country,
00:33they don't take advantage of it. No, we've been looking at it and we can meet that very easily
00:37by just putting a big tariff on the U.K., so they better be careful.
00:40If they don't drop the tax, we'll probably put a big tariff on the U.K.
00:44The U.K. introduced the 2% digital services tax in 2020,
00:48a move that drew criticism from both Trump and former President Joe Biden.
00:53The tax applies to major technology companies such as Apple, Google and Meta.
00:58All of which generate significant revenue from digital services in the U.K.
