Poland will face consequences if it introduces a levy on large technology companies, the incoming US envoy to Warsaw warned on Monday, as the spat between the two allies escalated.
The government seeks to present a model to collect taxes from the so-called Big Tech firms in the coming months, Digitization Minister Krzysztof Gawkowski was reported as saying by PAP newswire on Monday. Tom Rose, whom President Donald Trump appointed as US next ambassador in Poland, called the plan “not very smart” in a post on social media platform X.
Rose said that the new tax would hurt the relations between the two countries and the US president would “reciprocate as well he should.”
The response comes a day after Poland’s Foreign Minister Radoslaw Sikorski clashed with Elon Musk on the X platform over Starlink satellite-internet system for Ukraine and was also accused by the US Secretary of State Marco Rubio of “making things up.”
According to Yanis Varoufakis, to end the tade imbalances so that the US don’t lose their production capabilities
the low prices and high standard of living are due to the manufacturing being outsourced. i don’t understand what the end goal of boosting production capabilities is
Wartime manufacturing capacity would be my guess. Probably an element of self sufficiency too.
Shipbuilding capacity is just a fraction of China’s now for example. Same goes for electronics.
why do you need self-sufficiency when you are the defense and economic leader of the global hegemony?
To maintain that leadership.
I saw that, but surely if you wanted to protect US industrial base you’d be much more targeted about it? Unless the point is to create uncertainty and devalue the dollar that way.
i think it’s possible that they want to devalue the dollar. but this all defeats everything that distinguished life in the usa from other countries