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Katherine Tai on Capitol Hill on May 13. Photo: Anna Moneymaker/Getty Images

The U.S. announced it would impose new tariffs on the U.K., Spain, Turkey, Italy, India and Austria in response to their taxes on U.S. tech companies' digital services, but said it will suspend those tariffs for roughly six months to allow time for negotiations.

Why it matters, via Axios' Ashley Gold: The Biden administration is showing it will be tough on countries attempting to impose taxes on U.S. digital giants while holding out hope for a global solution, which has been a slog.

  • Europe's endless appetite for regulation and taxation of big global companies hasn't helped that.

Details: The proposed 25% tariffs would target nearly $2 billion worth of imports from the six countries, per the Wall Street Journal.

  • That includes over $800 million worth of imports from the U.K. and over $300 million each from Spain and Italy.

What they're saying: “The United States is focused on finding a multilateral solution to a range of key issues related to international taxation, including our concerns with digital services taxes,” U.S. Trade Representative Katherine Tai said in a statement.

  • "Today’s actions provide time for those negotiations to continue to make progress while maintaining the option of imposing tariffs under Section 301 if warranted in the future.”

Go deeper

6 mins ago - World

Israel to approve new construction in West Bank settlements

Bennett (L) and Biden discussed the settlements issue. Photo: Nicholas Kamm/AFP via Getty

Israel will approve the construction of 4,400 new homes in the West Bank next week: 3,10o in the Jewish settlements and 1,300 in Palestinian villages.

Why it matters: This will be the first time Israel has approved new settlement-building since President Biden assumed office, and the first time since 2007 that it approves a significant number of new homes for Palestinians in "Area C" of the West Bank, which is controlled by Israel.

House votes to hold Bannon in contempt of Congress

Steve Bannon. Photo: Stephanie Keith/Getty Images

The House of Representatives voted 229-202 on Thursday to hold former Trump strategist Steve Bannon in contempt of Congress for refusing to comply with a subpoena from the Jan. 6 select committee.

Why it matters: The Justice Department will now consider bringing criminal charges against Bannon, marking a significant escalation in the Jan. 6 committee's efforts to enforce subpoenas against Trump allies who refuse to cooperate.

Biden: Jan. 6 Capitol riot "was about white supremacy"

President Biden speaks during the 10th anniversary celebration of the dedication of the Martin Luther King Jr. Memorial with Vice President Harris in Washington, D.C., on Oct. 21. Photo: Oliver Contreras/Sipa/Bloomberg via Getty Images

President Biden said Thursday that white supremacy motivated rioters who carried out the Jan. 6 insurrection at the U.S. Capitol.

Driving the news: "The violent, deadly insurrection on the Capitol nine months ago, it was about white supremacy, in my opinion," Biden said at an event commemorating the 10-year anniversary of the Martin Luther King Jr. memorial in Washington.