Wednesday, September 09
US President Donald Trump on Monday threatened countries that impose digital taxes with “subsequent additional tariffs” on their exports to the United States. He said the penalties would remain unless such legislation was removed.In a post on Truth Social, Trump warned that “discriminatory” policies would be met with tariffs and restrictions on advanced exports."As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies. Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology. They also, outrageously, give a complete pass to China's largest Tech Companies," Trump said."This must end, and end NOW!" he added.He added, “Show respect
Hours after getting fired by US President Donald Trump, Federal Reserve Governor Lisa Cook said that the President has no authority to fire her from the central bank, and she will not resign.Cook's remarks come after receiving a letter by Trump earlier saying he was removing her from the Fed effective immediately."President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so," Cook said in a statement. "I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022."Trump cited accusations made last week by Bill Pulte, his appointee to the housing finance regulator, who claimed that Cook improperly listed two primary residences in 2021 to secure lower mortgage rates. Cook has ret
