100% tariff
Coverage of 100% tariff in the Nexus archive.
- Trump threatens 100% tariff on European countries that impose digital tax
US president Donald Trump has threatened to impose a 100% import tariff on any European country that implements a tax on digital services from US companies. The president stated that several European countries are close to enacting such a tax.
- Trump threatens 100% tariff on countries putting 'Digital Services Tax on American Companies'
Trump threatens to impose a 100% tariff on countries that implement a Digital Services Tax on American companies. He stated this tariff would override existing or future trade deals with those countries.
- Trump threatens 100% tax on European imports if countries impose tax on digital services
President Donald Trump threatened a 100% tax on imports from countries imposing taxes on digital services from U.S. companies, specifically targeting European nations. The threat comes amid ongoing trade discussions between the U.S. and European Union, which finalized a tariff deal in May capping most EU exports at 15% but left digital taxes unresolved.
- First, Tesla canceled the Model 2—now it's working on a new small EV
Tesla is developing a new smaller EV, according to anonymous sources, with production planned in China. The vehicle would be significantly shorter than existing models like the Model 3 and Y, but potential US sales face challenges due to import tariffs.