The US has warned it could put tariffs of up to 25% on a host of UK exports in retaliation for a UK tax on tech firms.
Ceramics, make-up, overcoats, games consoles and furniture could all be hit, according to a list published by the Biden administration.
The duties are designed to raise $325m (£235.8m), the amount the US believes the UK will raise from US tech firms.
A UK government spokesperson said it wanted to "make sure tech firms pay their fair share of tax".
They added: "Should the US proceed to implement these measures, we would consider all options to defend UK interests and industry."
Washington is pressing ahead with the action, initiated under President Donald Trump, and has scheduled hearings on the list.
It argues the recently introduced digital services tax - which taxes tech firms on their revenues - has "unreasonable, discriminatory, and burdensome attributes".
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The US is pushing ahead with plans to impose tariffs of up to 25% on a number of UK exports in retaliation for a recently-announced British tax on tech firms, according to details released by the Biden administration.
ReplyDeleteLast April, the UK introduced a 2% tax on the revenues of digital companies – including e-commerce giants, search engines and social media companies – if they make money from British users.
The move sparked backlash from the US, leading to talks between Washington and London at the end of 2020 over America’s concerns that the measure is “unreasonable, discriminatory and burdensome” to firms based in California’s Silicon Valley.
The US has previously taken issue with Austria, the European Union, India and Spain over their steps to impose a similar tax on tech giants.....RT