Biden administration threatens tariffs on UK goods in ‘tech tax’ row – BBC News

A UK government spokesperson said: “Like many countries around the world, we want to make sure tech firms pay their fair share of tax. Our digital services tax (DST) is reasonable, proportionate and non-discriminatory. “It’s also temporary. We’re working positively with the US and other international partners to find a global solution to this problem and will remove the DST when that is in place.” There are signs the Biden administration wants a more conciliatory relationship on trade with the UK than Donald Trump did. Last month, Washington agreed to suspend tariffs on UK goods, including single malt whiskies, that were imposed in retaliation over subsidies to aircraft maker Airbus. However, the UK is still lobbying the US to drop duties on British steel brought in in 2018.

Source: Biden administration threatens tariffs on UK goods in ‘tech tax’ row – BBC News