US threatens auto tariffs if EU adopts digital tax
"If people want to arbitrarily put taxes on our digital companies we will consider putting taxes arbitrarily on car companies," US Treasury Secretary Steven Mnuchin told a panel at the World Economic Forum in the Swiss ski resort of Davos.
- World
- AFP
- Published Date: 03:35 | 22 January 2020
- Modified Date: 03:35 | 22 January 2020
US Treasury Secretary Steven Mnuchin warned Wednesday that Washington would slap a painful tariff on EU auto imports if Europeans go through with a digital tax that mainly targets US firms.
"If people want to arbitrarily put taxes on our digital companies we will consider putting taxes arbitrarily on car companies," Mnuchin told a panel at the World Economic Forum in the Swiss ski resort of Davos.
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