US threatens auto tariffs if EU adopts digital tax

• US Treasury Secretary Steven Mnuchin warned Wednesday that Washington would slap a painful tariff on EU auto imports.
• If people want to arbitrarily put taxes on our digital companies we will consider putting taxes arbitrarily on car companies.

"If people want to arbitrarily put taxes on our digital companies we will consider putting taxes arbitrarily on car companies," Mnuchin told a panel at the World Economic Forum in the Swiss ski resort of Davos.