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Thread by Finance
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Finance
1 hour ago
Trump warns of ‘big tariff’ if UK doesn’t drop digital services tax on U.S. tech firms
CNBC
Trump warns of ‘big tariff’ if UK doesn’t drop digital services tax on U.S. tech firms
The tax is a 2% levy on the revenues of search engines, social media services and online marketplaces that derive value from U.K. users.
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