Trade war ignited? UK risks wrath of US after vowing to go ahead with digital tax on tech giants like Google and Facebook

Jonathan Ernst

British Chancellor Sajid Javid has committed the UK to enforcing a digital services tax on global tech companies, despite threats from the US that they may respond by putting “taxes on their car companies” – risking a trade war.

Speaking on a panel – alongside US Treasury Secretary Steve Mnuchin – at the World Economic Forum in Davos, Switzerland on Wednesday, Javid doubled down on government plans to implement a two-percent levy on revenues made by global tech giants like Facebook and Twitter in the UK.

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