live Rubio tells allies U.S. will hold off new Iran strikes
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time bein...
U.S. President Donald Trump has threatened to impose 100% tariffs on imports from any country that adopts a digital services tax. The move escalated tensions with trading partners over levies that Washington argues unfairly target American technology companies.
In a post on his Truth Social platform on Friday (26 June), Trump said several European countries were considering the imminent introduction of digital services taxes on U.S. firms, with some close to implementation.
“Any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America,” Trump wrote.
He added that such tariffs would override existing trade agreements, whether signed or pending.
Digital services taxes, adopted or proposed by several countries in recent years, are aimed at large multinational technology firms that generate significant revenue in local markets but often pay taxes elsewhere.
The United States has long opposed such measures, arguing they disproportionately affect major American companies including Google, Meta and Amazon.
Previous disputes over digital taxation have triggered trade investigations and retaliatory tariff threats, particularly with European allies.
Trump’s warning comes as some European governments revisit plans for national digital taxes amid broader debates over taxing global tech giants, despite efforts at the Organisation for Economic Co-operation and Development to establish a multilateral tax framework.
Analysts say the renewed threat raises the risk of a fresh transatlantic trade dispute, particularly if countries move ahead with unilateral taxation measures.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Meta Platforms has agreed to pay up to $16.68 billion and make sweeping changes to Facebook and Instagram to settle claims that its platforms put children and teenagers at risk.
At least nine people have been killed and hundreds of tourists are missing after a massive landslide triggered catastrophic flooding near Nepal’s Himalayan border with China’s Tibet region.
Instagram Chief Adam Mosseri has acknowledged that few teenagers used Instagram’s “Take a Break” feature before it became a default setting, as Meta faces a major U.S. trial over child safety.
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