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News · 24 April 2026

UK Caught Between £800 Million Tax Revenue and a Trump Trade War

UK Caught Between £800 Million Tax Revenue and a Trump Trade War

The UK faces fresh US tariff threats unless it scraps its digital services tax, which raises £800 million a year. Speaking from the Oval Office Thursday, President Trump warned he would "put a big tariff on the UK" if the 2% levy on major tech firms' UK revenues is not dropped , reigniting a long-running transatlantic trade dispute.

Reported by The Guardian · How we write briefs

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