Donald Trump THREATENS Britain with tariffs over Starmer's 'UNFAIR' tax on US tech firms | LATEST

Donald Trump has issued a stark warning

to the United Kingdom. Drop the tax on

American tech giants or face tariffs.

>> Digital service tax. It's the kind of a

tech tax or big tech tax that kind of

>> You mean they're going to put a tax on

basically American companies?

>> It's already there. So,

>> did you say the UK?

>> Yes, sir. And they made $1.3 billion

last year.

>> So, is that something you would kind of

investigate, corporate, scratch, have a

look at? We don't like it when they

target American companies because

basically you're talking about our great

American companies and whether we like

those companies or don't like them,

they're American companies and they

they're the top companies in the world

and uh we are looking at we've been

looking at it. UK did it. Couple of

other people did it. They think they're

going to make an easy buck. That's why

they've all taken advantage of our

country. They don't take advantage of

it. No, we've been looking at it and we

can meet that very easily by just

putting a big tariff on the UK. So they

better be careful. If they don't drop

the tax, we'll probably put a big tariff

in the UK.

>> They expect 5% 10% something similar,

>> whatever. More than what they're

getting. They shouldn't be doing that.

That's all that's doing is really

targeting.

It's targeting great companies, but

they're our companies. It's like us

targeting their companies, which we

could do very easily.

>> This is historical for our audience as

well. The US president made the remarks

during an Oval Office exchange in

comments that underline a growing rift

between Washington and Westminster. At

the center of the dispute is Britain's

digital services tax. It's a 2% levy on

major tech firms operating in areas like

social media, search engines, and online

marketplaces. Companies that generate

significant revenue from UK users. That

includes giants like Amazon, Google,

Meta, and eBay. The UK government

argument is straightforward. If these

firms profit from British consumers,

they should also contribute to the

system that supports the economy. And

financially, it's significant because

the tax is expected to bring in around

800 million for the Treasury this year

alone. But the United States sees it

very differently. Washington has long

opposed digital taxes like this, arguing

they disproportionately target American

companies. And now Donald Trump is

escalating that position, making clear

there could be economic consequences if

Britain refuses to back down. And the

threat tariffs on UK goods, potentially

matching or even exceeding the value of

the tax itself. But this isn't happening

in isolation. Several countries have

introduced similar digital taxes, while

the OECD has been working for years on a

global system to replace them. One that

would now standardize how multinational

tech giants are taxed across borders.

The UK has already said it would scrap

its own levy, but only once that

international agreement is in place.

Until then, it remains a sticking point.

And this row is also part of something

bigger. Because despite being seen as

one of the most pro- British US

presidents in recent decades, Trump's

tone towards the current UK government

has hardened. He's repeatedly criticized

the leadership of Prime Minister Cir

Starmmer, particularly on issues like

energy policy, border control, and the

stance on the war in Iran. Daniel Smith,

GB News. We're living in a time of what

feels like pretty significant social

change. And it makes us question, things

that we've even taken for granted for

decades. And one of those at the moment

that people are wondering about is

actually money. Is the money in your

bank account safe? Should you be

investing elsewhere? Are we looking at a

potential global crash? What will it

mean for your savings? Is there a way

that you could be using your money that

might be outside of government control

even? Well, Tally Money is potentially

one solution. So, I'm delighted to say

that I'm joined today by the CEO and

founder of Tally Money, Cameron Perry.

What is Tally Money?

>> Well, at Tally Money, you basically get

gold you can spend. So, we give people

an individual uh account in their name,

everyday account. They get a sort code,

an account number. They use that account

just like they would pounds from their

bank, but uh it's milligrams of gold

that we brand as tally.

>> Okay. Why would you do that though? What

is the benefit to the customer instead

of just having a normal pound sterling

account?

>> Gold's performance against the pound is

above 11% peranom over the last 25 years

on average. But we still need money in

our daily lives and we we have savings.

We know that it's good common sense and

prudent to save up for things, not just

living credit. You know, whether it's a

holiday or a rainy day, uh your

retirement planning, you need to have

money in your life basically that you

can rely on that's dependable, that

nobody meddles with, that nobody can

weaponize against you, which is another

element of government control when it's

the government currency, which we could

talk about another time. And it should

be pretty simple and straightforward,

and that's what we deliver at Tally. Um,

and really we just want people to feel

safe and happy with their money. There

was a time when the bigger your bank

balance, the the more confident you

felt. Now it's like, I need to do

something with it. I can't leave it

there. In tally, you can.

>> Okay. Brilliant. Cameron Perry from

Tally Money. Thank you so much.

>> Thank you, Bab.

And Donald Trump has threatened the UK's

claim to the Faulland Islands.

>> Yes, amazing development. The Pentagon

is exploring ways the US can punish NATO

countries for not supporting the Iran

War. An official claim that they are

considering reassessing diplomatic

support for European imperial

possessions, including the Falkland

Islands.

>> Well, let's speak to our political

corresp correspondent Olivia Utley uh

who is in Westminster for us. Olivia,

this is a really serious threat that

seems to come out of emails from the

Pentagon.

>> Well, absolutely. We've known for a

while now that Donald Trump has been

essentially drawing up a naughty list of

countries who he believes weren't

helpful enough at the beginning of the

Iran war. This is an email leaked from

Pentagon officials detailing a whole

range of options that Donald Trump is

considering taking. One of them is

kicking Spain out of NATO altogether. on

the UK. One thing that Donald Trump

seems to be considering is challenging

the UK's claim to the Falkland Islands,

considering trying to hand it over to

Argentina. Of course, Javier Mille, the

Libertarian president of Argentina, is a

close ally of Donald Trump's. I've just

come out of a lobby meeting with the

prime minister's spokesman where he was

asked how how does the prime minister

respond to this? Well, the prime

minister's response couldn't be clearer.

Sovereignty rests with the UK. He says

he won't get ahead of the prime

minister's next call with the president

of the US, but he reiterated that the

Falkland Islands has recently voted

overwhelmingly in favor of staying a

British overseas territory and that

Britain stands behind the Falkland's uh

claim to self-determination.

On a more difficult note, the prime

minister was asked whether the UK could

actually defend the Faulland Islands if