Starmer Confirms Tax Cuts for Tech Billionaires Amid US Trade Deal
Negotiations between the UK and US to avoid tariffs imposed by the Trump administration included discussions regarding the UK’s digital services tax and Online Safety Act. The White House opposes the digital services tax, while concerns exist in the US regarding the Online Safety Act’s impact on free speech. While neither act is expected to be fully repealed, modifications to lessen their impact on US tech companies are under consideration. The UK government maintains its commitment to protecting children online, but is exploring ways to amend the Online Safety Act to reach a trade agreement.