Markets

US threatens to slap tariffs on Italy and Britain in digital tax fight

Mnuchin said Tuesday the US will impose fresh tariffs on Italy and Britain if they move forward with plans to tax technology companies like Google and Facebook. The Trump administration argues such taxes discriminate against Silicon Valley and are inconsistent with international tax policy. The warning came a day after […]
US threatens to slap tariffs on Italy and Britain in digital tax fight
Markets

US threatens to slap tariffs on Italy and Britain in digital tax fight

Mnuchin said Tuesday the US will impose fresh tariffs on Italy and Britain if they move forward with plans to tax technology companies like Google and Facebook. The Trump administration argues such taxes discriminate against Silicon Valley and are inconsistent with international tax policy. The warning came a day after […]
US threatens to slap tariffs on Italy and Britain in digital tax fight