Dossier
US social media firms
Coverage of US social media firms in the Nexus archive.
- Trump says he will ‘probably put a big tariff on the UK’ if it doesn’t drop digital services tax
Donald Trump threatened to impose tariffs on the UK if it does not abolish its digital services tax on US tech companies. The tax, introduced in 2020, levies a 2% charge on revenues of major US social media firms. Trump accused the UK of attempting to profit from American technology companies.