BLOCKCHAIN
US Tech Stocks React to Trump’s Proposed 100% Digital Tax Tariffs
BLOCKCHAIN
US Tech Stocks React to Trump’s Proposed 100% Digital Tax Tariffs
A potential 100% tariff on digital taxes proposed by former President Donald Trump has caused notable shifts in the US tech stock market, with some companies' shares rising and others dipping.
Jun 27, 2026, 3:51 AM - Source: BeInCrypto
Former President Donald Trump has issued a warning of imposing 100% tariffs in response to digital taxes targeting American technology firms. This development has triggered movements in the stock prices of several major US tech companies. According to source reports, Meta (formerly Facebook) and Microsoft experienced gains in their share prices following the announcement, while Apple saw its stock decline. The proposed tariffs are seen as a response to overseas digital tax policies that have implications for large US-based tech firms. The broader impact and future direction of these tariffs—and their interplay with both global tax policy and the tech sector—remain uncertain. Industry analysts note that ongoing policy debates can create volatility, but the longer-term effects for blockchain, digital assets, and technology companies depend on further legislative and regulatory actions.
Original source link: https://beincrypto.com/trump-digital-tax-tariffs-tech-stocks/
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