“President Donald Trump threatened to impose 100% tariffs on goods imported from countries that impose digital services taxes, escalating pressure on European nations that just ratified a trade pact with the US,” Bloomberg reports.

“Trump said the threatened tariff would be imposed ‘immediately’ and would supersede any existing trade deals made with affected countries. The president’s comments come a day after the European Union gave its final sign-off to a trade agreement with Washington that sets a 15% tariff ceiling on most of the bloc’s exports to the US.”

Financial Times: Trump warns of 100% tariff on countries implementing digital services tax.