US Treasury Secretary Janet Yellen (Janet Yellen) said on Wednesday that the US is seeking ways to ensure that countries suspend or eliminate the discriminatory digital services tax, but if countries do not abolish the digital services tax, the US will keep tariffs as an option.

Yellen told the Senate Finance Committee that she has had a “very constructive” bilateral dialogue with Ireland's finance minister on this issue, and believes that the entire EU will eventually support the US proposal to raise the world's minimum tax rate.

Yellen said she hoped progress could be made on tax issues negotiated under the leadership of the OECD before the Group of 20 (G20) leaders meet in October.