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Evening Standard
Evening Standard
Politics
Christopher McKeon

Trade Secretary refuses to rule out cutting digital tax as US tariffs loom

Business Secretary Jonathan Reynolds said the digital services tax was not something that could ‘never change’ (Stefan Rousseau/PA) - (PA Wire)

The Trade Secretary has declined to rule out changing taxes on major tech firms in exchange for exemptions from US tariffs, but insisted they would pay “a fair amount of tax”.

Media reports have suggested the Government is considering changes to the digital services tax (DST) as it scrambles to head off the wide-ranging tariffs Donald Trump is expected to introduce as early as next week.

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