Trump may retaliate country that taxes big techs; Brazil has already considered a measure
On February 21, the White House ordered the opening of investigations to impose tariffs on imports from countries that charge taxes on digital services from US technology companies.
The official document of the White House signed by Trump indicated that its US trade representative would determine the resumption of cases against the rates of France, Austria, Italy, Spain, Turkey and the United Kingdom. “If the US commerce representative decides to renew these investigations, he will take all the appropriate and viable measures in response,” the memorandum said. That is, retaliation would be announced.
“What they are doing with us in other countries is terrible in digital terms,” Trump said in February. At that time, the government concluded that global rates had raised more than $ 2 billion in taxes on US companies.
But when he announced his protectionist measures on April 2, the US president set aside the consideration of technology companies.
Now, in the bill of more than a thousand pages and redefines the US tariff framework, one of the proposals is to give the president power to retaliate those who charge taxes from technology companies.
Although the project has broad support among Republicans, democrats either resist this aspect of the law.
