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Friday, Dec 04, 2020

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

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

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.
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