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The UK is considering shifting technology company taxes to avoid US tariffs.

The UK is considering shifting technology company taxes to avoid US tariffs.

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Currently, the UK is currently affected by Trump's 25% tariff on all steel and aluminum imports to the United States. Washington also has tariffs on Canada, Mexico and China.

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British Prime Minister Exchequer Rachel Rachel Rachel Rachel Rachel Rachel Rachel Rachel Rachel Rachel Rachel Rachel Reeves suggests that taxes on large corporations can potentially change to avoid coming US tariffs.

Conversation is still in progress, but changes can be applied to DST (Digital Services Tax), which can affect major technology companies such as META and Amazon.

Currently, DST is set to 2%, and in the UK, it is about 800 million (about 993 million) a year. But it can be changed to encourage the United States from fulfilling additional tariffs in the UK.

We must be balanced and the discussion is in progress. We want to progress. We do not want to see that UK exporters have higher tariffs. Reeves told the BBC in a TV interview with the BBC.

This movement has already hit the British government to reduce the British government's jobs and disability benefits, and has been greatly criticized by the Liberal Democratic Party, which provided large companies in the form of tax reductions. Instead, the Liberal Democratic Party advocates to hike DST at 6%.

Global tariff tension increases

US President Donald Trump has already announced 25 percent tariffs on major trading partners Canada and Mexico with 20 percent tariffs. The next raft of US tariffs is expected to be announced on April 2.

Trump also imposed 25%of all steel and aluminum imports in the United States and had a big impact on the UK. At first, the EU responded quickly to the announcement that it would quickly impose tariffs on US $ 26 billion US exports.

Brussels said it could implement a 50% imposition in the US whiskey, and Trump quickly opposed the 200% tariff threat to European champagne, wine and spirit.

However, Block announced that it would delay measures later by mid -April, providing more time for negotiations and beneficial results between the two parties.

Trump said it believes that tariffs will increase the US economy by encouraging domestic companies to use domestic labor and suppliers.

Experts, however, pointed out that it could be difficult to achieve because the company had to increase the supply chain significantly.

Sources

1/ https://Google.com/

2/ https://www.euronews.com/business/2025/03/24/uk-considers-switching-up-tech-company-taxes-to-sidestep-us-tariffs

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