Mnuchin Warns U.K., Italy Over Digital-Tax Plans

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Steven Mnuchin says Italy and Britain will face U.S. tariffs if they proceed with a tax on digital companies such as Google and Facebook

DAVOS, Switzerland—Italy and Britain will face U.S. tariffs if they proceed with a tax on digital companies such as Alphabet Inc.’s Google and Facebook Inc., U.S. Treasury Secretary Steven Mnuchin warned.

Mr. Mnuchin issued the warning after France agreed to delay the imposition of its own digital tax in the face of threats of steep U.S. tariffs on French exports. Mr. Mnuchin said French President Emmanuel Macron agreed to hold off on the tax through the end of the year while the two countries work out a permanent resolution.

 

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'borderless digital companies doing business in 🇪🇺0.5-BILLION-consumer market & paying 0-12.5% tax in Ireland (🇧🇲Bermuda, 🇵🇦Panama etc)' is: ✔️🌐outdated taxation, taxation loophole. ✔️🇪🇺architecture flaw, taxation loophole. 👉Davos/Davos 2020. Europe Europe tech 🇪🇺EU27

What are YOU clowns doing about POVERTY in this country?

Imagine they will Paris lead and see how those negotiations with the US turn out.

They been ridin our coat tails long enough!

China be like come here baby

How dare EU try and make money off of their propaganda platform!

Ja, ja, ja.......se os acaba el fraude fiscal en Europa, Google, Facebook, Twitter, Amazon......todos, a pagar impuestos en todos los países, cabrones......ya era hora, debería ser con carácter retroactivo.

newsaspect It's time everyone simply slapped massive tariffs on everything coming from the US. Strangle their businesses and economy like they're so fond of doing to everyone else. There is plenty of trade to be had around the world without being vassals of a State that imposes its rules.

The Bullies You Made.

Give it a rest

But only after the election

...the facebook er. al. quid pro quo

Facebook has not paid me my 51% which would've given jobs and supplies to so many that they won't hire, they don't hire Christian males from what I hear, not pay them from what I perceive Not sure why this dick wench won't get up pay me and ties it the US?

The cost of Tariffs always falls on the consumer. You'll learn that in the first month of any university-level econ course

Trump doesn’t understand how trade works. He believes that trade wars and tariffs work. 1/5

Trump loves Facebook and google ads that spread his propaganda.

and yet they will ignore'you and the president.

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