Burnham’s Tax Shift Sparks U.S. Warning | Europe News

New UK Prime Minister Andy Burnham is proposing to slash taxes on pubs and music venues by shifting the burden to big U.S. tech giants like Amazon and ASOS — potentially triggering a 20% hike in business rates for those companies. In response, U.S. Ambassador Warren Stephens has issued a stark warning: if Britain moves forward, the U.S. could retaliate with tariffs. This isn’t the first time the U.S. has threatened such measures, with the president already eyeing 100% tariffs on European nations that tax Big Tech. Stephens also criticized the UK’s new social media ban for under-16s, calling it overly restrictive and a threat to free speech — even though he acknowledged it doesn’t directly target U.S. firms. The message is clear: Britain’s domestic policy choices carry global consequences, and the delicate balance between regulation and trade is now under serious strain. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3f32f9c437b3369d