Germany plans to levy a 10% digital tax on tech giants like Google, which may result in retaliatory tariffs from the United States.

Wisdom Finance APP learned that the new German Minister of Culture, Wolfram Weimer, revealed to the media that Germany is considering imposing a 10% tax on large online platforms like Alphabet (GOOGL.US) under Google and Meta (META.US) under Facebook. This move could potentially worsen the trade tensions between Europe and the Trump administration.