Tensions are rising in international trade, with potential implications for global commerce. President Donald Trump has made a statement regarding digital services taxes imposed on American companies by other countries.

A threat of a significant tariff has been made, which could affect goods from countries that implement such taxes. The European Union is involved in this issue, with its countries having recently met a deadline set by Trump.

Further details on this developing story are available from the Waco Tribune-Herald, including the specific tariff percentage mentioned by the President and the timing of the European Union's actions.