Washington/Canberra | Labor says its plan to hit big tech firms with a new levy worth hundreds of millions of dollars does not target American companies, as Donald Trump’s trade tsar ramped up warnings the administration will combat “discriminatory” taxes against US businesses.
In his congressional confirmation hearing on Thursday (Friday AEDT), Jamieson Greer said countries discriminating against US tech companies “won’t be tolerated”.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
