By:  The Guardian

March 29, 2021

The Biden administration has warned it could slap 25% tariffs on British exports to the US after the UK levied a digital services tax on major technology companies.

The price of clothing and footwear, ceramics, beauty products and furniture exports to the US could rise by a quarter, according to a list published by US officials.

The duties are designed to raise $325m – equal to estimates of how much Britain can expect to raise from taxing the UK sales of Amazon, Google, Facebook, eBay and other tech companies, most of them based in the US.