US President Trump tells the Telegraph that the US will retaliate if the UK continues to target companies such as Apple (AAPL), Google (GOOGL) and Meta (META) through the digital services tax
Context
President Trump's comments regarding potential U.S. retaliation against the UK's digital services tax could escalate trade tensions between the countries. Such developments tend to create volatility in equities and currencies, particularly affecting stocks like Apple, Google, and Meta. Keep an eye on risk sentiment and how it may impact a range of asset classes, including tech stocks and the forex market, especially GBP and USD movements.
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