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Recently, the White House published a document detailing Trump's new America First Trade Policy which mandates double taxation on foreign countries that discriminate against US citizens and businesses. The question is though, is this mandate likely to be even used, who is it meant to be used against, and if it is used - can it ever work?
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Support TLDR on Patreon: http://www.patreon.com/tldrnews
Donate by PayPal: https://tldrnews.co.uk/funding
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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1 - https://www.whitehouse.gov/presidential-actions/2025/01/america-first-trade-policy/
2 - https://scholarship.law.duke.edu/cgi/viewcontent.cgi?referer=&httpsredir=1&article=2279&context=lcp
3 - https://taxfoundation.org/blog/us-france-tax-troubles/
4 - https://www.reuters.com/article/business/us-tax-code-may-allow-dramatic-retaliation-in-eu-apple-case-idUSKCN1162ZJ/
5 - https://taxfoundation.org/blog/france-digital-services-tax/
6 - https://mcmillan.ca/insights/the-united-states-challenges-canadas-digital-services-tax/
7 - https://www.france24.com/en/europe/20221216-why-eu-leaders-are-upset-over-biden-s-inflation-reduction-act
8 - https://www.ft.com/content/44610d06-5e20-4b3a-8faf-4d745770d43f
0:00 Intro
1:29 Section 891 Explained
3:56 Why Trump Likes it
6:57 Why the EU Should be Worried
World Leader Leaderboard Podcast: https://www.youtube.com/tldrpodcasts
Recently, the White House published a document detailing Trump's new America First Trade Policy which mandates double taxation on foreign countries that discriminate against US citizens and businesses. The question is though, is this mandate likely to be even used, who is it meant to be used against, and if it is used - can it ever work?
📰 Too Long: https://toolong.news/
🎞 TikTok: https://www.tiktok.com/@tldrnews
💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA
Support TLDR on Patreon: http://www.patreon.com/tldrnews
Donate by PayPal: https://tldrnews.co.uk/funding
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
//////////////////////
1 - https://www.whitehouse.gov/presidential-actions/2025/01/america-first-trade-policy/
2 - https://scholarship.law.duke.edu/cgi/viewcontent.cgi?referer=&httpsredir=1&article=2279&context=lcp
3 - https://taxfoundation.org/blog/us-france-tax-troubles/
4 - https://www.reuters.com/article/business/us-tax-code-may-allow-dramatic-retaliation-in-eu-apple-case-idUSKCN1162ZJ/
5 - https://taxfoundation.org/blog/france-digital-services-tax/
6 - https://mcmillan.ca/insights/the-united-states-challenges-canadas-digital-services-tax/
7 - https://www.france24.com/en/europe/20221216-why-eu-leaders-are-upset-over-biden-s-inflation-reduction-act
8 - https://www.ft.com/content/44610d06-5e20-4b3a-8faf-4d745770d43f
0:00 Intro
1:29 Section 891 Explained
3:56 Why Trump Likes it
6:57 Why the EU Should be Worried