US President Donald Trump has taken action to respond to the digital service taxes imposed on American companies. The White House announced that President Donald Trump signed a decision to protect American companies from abuses abroad. The statement mentioned that the Trump administration would evaluate retaliatory measures like tariffs against foreign government-imposed taxes on American companies, such as digital service taxes, fines, enforcement actions, and policies. Investigation orders have been issued to examine the way foreign governments are using America’s tax base for their own interests, highlighting that the decision instructs the US Trade Representative to renew investigations into digital service taxes initiated during Trump’s first term and scrutinize other countries using discriminatory digital service taxes against American companies. The statement added that regulations like the Digital Markets Act and Digital Services Act that determine how American companies interact with consumers in the European Union (EU) would be scrutinized by the administration. Additionally, President Trump signed a decision to restrict China’s investments in America’s technology, critical infrastructure, health, agriculture, energy, raw materials, and other strategic sectors. The statement from the White House noted that this decision aimed to protect US national security interests, particularly against threats from foreign competitors like China. The statement also mentioned that the Committee on Foreign Investment in the United States (CFIUS) would be used to restrict Chinese investments in technology, critical infrastructure, health, agriculture, energy, raw materials, and other strategic sectors. It stated that new rules would be implemented to prevent the misuse of American capital, technology, and knowledge by foreign competitors like China, allowing investments serving only American interests. The Trump administration is also considering imposing new or expanded restrictions on US investments in China, including in sensitive sectors such as semiconductors, artificial intelligence, quantum technology, biotechnology, aviation, among others.