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Ahead of critical trade talks, Steven Mnuchin says ‘discriminatory’ levy no place in budget
One of the most senior figures in the US government has warned Sajid Javid to delay a “discriminatory” tax on big tech companies, in the latest sign of tensions with Donald Trump’s administration ahead of critical trade talks.
Steven Mnuchin, the US treasury secretary, used a breakfast meeting with the chancellor on Saturday to warn him directly against applying the new tax as part of his forthcoming budget. The confrontation comes as the US mounts a last-ditch attempt to stop Britain using technology from China’s Huawei in its 5G network. Continue reading...