U.S. to Impose Tariffs on Five Countries in Technology Tax Dispute

The U.S. said it will impose tariffs on the U.K. and five other countries in response to their taxes on U.S. technology companies, but will suspend the levies for six months as it seeks to negotiate an international resolution. U.S. trade representative Katherine Tai said investigations determined that tariffs were justified because of digital-services taxes imposed on U.S. companies by the U.K., Austria, India, Italy, Spain and Turkey.

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