Donald Trump threatens new trade war with Britain

US President Donald Trump last night threatened to impose tariffs on the UK if it does not drop its digital services tax on American social media firms.The digital services tax, introduced in 2020, imposes a 2 per cent levy on the revenues of several major US tech companies.Speaking to reporters from the Oval Office, Mr Trump said: 'We've been looking at it and we can meet that very easily by just putting a big tariff on the UK, so they better be careful. If they don't drop the tax, we'll probably put a big tariff on the UK.'