Biden administration threatens tariffs on UK goods in 'tech tax' row

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Ceramics, make-up and furniture could be hit amid a row over a new UK tax on tech firms.

The US Section 301 action is designed to apply domestic political pressure within the UK and other countries over the imposition of such taxes.

The UK and US held talks about the digital services tax on 4 December, and UK government sources stressed that the tariff list was being seen as procedural rather than an escalation.At the Budget, the Office for Budget Responsibility calculated the tax would raise £300m in the current financial year, and as much as £700m in future years.

It followed years of claims in Europe and elsewhere that big tech firms do not pay enough tax on their revenues in the countries where they operate. Last August, Facebook agreed to pay the French government €106m in back taxes to settle a dispute over revenues earned in the country.said he recognised the public's frustration over the amount of tax paid by tech giantsThere are signs the Biden administration wants a more conciliatory relationship on trade with the UK than Donald Trump did.

Last month, Washington agreed to suspend tariffs on UK goods including single malt whiskies that were imposed in retaliation over subsidies to the aircraft maker Airbus. However, the UK is still lobbying the US to drop duties on British steel brought in in 2018.

 

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Brexit will be great. With our special relationship with the US we can have a great deal with them!😂😂

Brexit will be great. With our special relationship with the US we can have a great them!😂😂

BBCWorld 好家伙,干得漂亮!

UK is only a lapdog of the US, it is karma.

UK has technology?

interesting

What goes around comes around!

Curious. The UK is so genuinely and rightly concerned about big-tech & big-media recklessness and dishonesty, when the most reckless and dangerous media force, for the past 35 years, is Rupert Murdoch. The UK should wonder why its sphere of influence has so declined under Murdoch

Haha this is also why the big tech firms aren't banned in China for use...But they aren't allowed to operate in China to gain revenue. ...

BtW this is the BBC so check your facts. .Looks like you ain't got 5G and you ain't got trade. . ha-ha no wonder Boris likes the Chinese.. but he is fucking them off for a bit of bravado.

Oh boy, UK sucks. UK has to give up more to beg sugar daddy then. By the way, who is in white house? seems to be Trump, right?

BBCWorld Today Egyptians had succeeded in ending the crisis of the ship stranded in the SuezCanal despite the tremendous technical complexity. By getting things back to normal , with Egyptian hands, the whole world is assured the safe crucial economic waterway has been reinstated

night How 'progressive'. Liberals, repent.

They have become politicised and stifle speech. At least here I can say how it is. Dirty cunts, made for middle class snobs. Burn the organisation to the ground.

The BBC have a hidden far left agenda. On their home page they open many hys which fit their purpose. You can make comments such as gammons, little Englanders, jump of a building. You are a scumbag organisation, who stifles real debate, and only serves to cause division.

Does he know what he’s doing

He's desperate:

night OK.. So we whack huge taxes on Google, Amazon, Ebay, Boeing, etc etc. We can both play that game..

and force you to pay anything you earn in another country (which, could actually be your own country) in tax unless you pay them a huge fee to drop your citizenship which you may not have ever wanted.

Can someone explain to me in simple terms, why it offends Americans that we tax companies making money in our country, off our citizens? I mean, these pricks will tax the fuck out of your life if you're unlucky enough to be born there but move away when you're 6 months old

Don't worry, he'll forgot he's even said it after 5 minutes

BBCWorld didnt we already dump a bunch of tea in the ocean to get away from the UK's taxes? now we are about to do the same shit? are you fucking kidding me?

That's ok, he won't mind relocating the US airforce from UK soil. Naturally, they could still be able to transit and obviously the eu will be able to take up the slack...especially the problematic flights that the US do from the UK.

night Lets not forget that Forgetful man doesn't like Britain, so there is no surprise in this story.

Bullying by America is back on the world stage.

BBCWorld The BROTHERS/ALLIES will need a third-party accountant. 🤪😜😝😀😀😅😂🤣🥲

BBCWorld Maybe they should join some sort of trade union to gain a better negotiating position. You know become part of a larger economic block. I heard some states in mainland Europe are already working on something like that that might be worth looking into.

BBCWorld Well done!

No problem UK has to raise tax on the non high street shopping

We should move further away from such reliance on the US ... they are not the super power they once were and clearly need a long (long) time to clean up the mess left by the last President.

Why are we so hell bent on globalisation anyway?

Not Biden, the man can barely walk .. it’s all the criminals that stole the election

He won't remember tomorrow.

BBCWorld

BBCWorld So Biden does the same what Trump did. Pr rather it’s Harris who received a lot of money from the Sillicon Valley. It’s enough for her to save corporations profits - truly democratic way of thinking.

Biden doesn’t even know what day it is 🙄

狗咬狗?

Vassal statehood beckons for the Uk, pushed around by US, EU, China, Russia.

Buy British

Let’s get ahead of the curve and join up with China now

And that's when being part of an 28 nation Union matters.

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