President of the United States, Donald Trump, has taken action to respond to the digital service taxes imposed on American companies. The White House announced that President Donald Trump signed a decision to protect American companies from abuses abroad. The statement noted that the Trump administration would consider retaliatory measures such as tariffs against taxes imposed by foreign governments on American companies, including digital service taxes, fines, applications, and policies. INVESTIGATION DIRECTIVES GIVEN Emphasizing that foreign governments will not be allowed to exploit America’s tax base for their interests, the statement reported that the decision instructs the Office of the U.S. Trade Representative to renew examinations related to digital service taxes initiated during Trump’s first term and investigate other countries using discriminatory digital service taxes against American companies. The statement mentioned that regulations determining how American companies interact with consumers in the European Union (EU), such as the Digital Markets Act and the Digital Services Act, would be scrutinized by the administration. RESTRICTIONS ON U.S. INVESTMENTS IN CHINA Additionally, President Trump signed a decision to restrict China’s investments in America’s technology, critical infrastructure, health, agriculture, energy, raw materials, and other strategic sectors. The statement from the White House noted that the decision aims to safeguard U.S. national security interests, particularly against threats from foreign competitors like China. REGULATIONS FOR HIGH TECHNOLOGY ON THE HORIZON The statement reported that the Committee on Foreign Investment in the United States (CFIUS) would be utilized to restrict Chinese investments in technology, critical infrastructure, health, agriculture, energy, raw materials, and other strategic sectors. It mentioned that new rules would be implemented to prevent the abuse of American capital, technology, and knowledge by foreign competitors like China, ensuring that only investments serving American interests are allowed. The statement also indicated that the Trump administration would assess imposing new or expanded restrictions on U.S. investments in China, including in sensitive sectors like semiconductors, artificial intelligence, quantum technology, biotechnology, aviation, and other delicate industries.