“President Trump on Friday threatened to greatly increase tariffs on European nations if they follow through on plans to impose new taxes on U.S. tech companies.
European countries for years have considered imposing taxes on large tech firms such as Amazon.com and Meta Platforms. Some nations such as France, Denmark and Portugal already have such levies. The U.S. has pushed back on those proposals in Europe and elsewhere, with Trump previously threatening tariffs on Canada and South Korea.
Trump earlier this month also threatened to impose a 100% tax on French wines if that nation didn't drop its tax on tech firms, but he so far hasn't followed through.
Trump last year struck a deal with the EU that capped most tariffs on European goods at 15% in exchange for lower tariffs and other concessions, but left the issue of digital taxes largely unresolved.
Should more taxes move forward, Trump posted that the 100% tariff would "supersede" the EU trade pact.
The higher tariffs would be imposed "immediately" if tax plans proceed, Trump added, but it remains unclear which legal authority would allow that. Many of Trump's previous tariffs were ruled illegal by the Supreme Court in February.
The EU on Thursday approved the tariff cuts it promised to the U.S. in last year's trade deal after months of internal wrangling.
Trump had earlier threatened to raise U.S. levies on the bloc's cars if it didn't follow through on its side of the trade deal by July 4.” [1]
1. U.S. News: Trump Threatens 100% EU Tariffs. Bade, Gavin; Kim Mackrael. Wall Street Journal, Eastern edition; New York, N.Y.. 27 June 2026: A2.
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