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Davey warns against scrapping tax on tech companies to ‘appease’ Trump

Ambassador to the US Lord Mandelson told the Financial Times that the ‘tax itself is under discussion’.



Sir Ed Davey warns against scrapping the UK's digital services tax to appease Donald Trump and avoid potential US tariffs, calling it "appeasement." Reports suggest Labour is considering changing or ditching the tax amid discussions with the US. Davey suggests retaliatory tariffs on Tesla vehicles if Trump initiates a trade war.

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