EU-US Trade Deal: Navigating Digital Rule Challenges
21 Articles
21 Articles
EU push to protect digital rules holds up trade statement with US, FT reports
The European Union is trying to prevent the United States from targeting the bloc's digital rules as both sides work through the final details of a delayed statement to formalise a trade deal reached last month, the Financial Times reported on Sunday.
In July, the EU is reversing a trade war with the US for the time being and agreeing on a trade agreement with Washington. However, the final conclusion seems to be delayed. The reason for this is apparently the European digital laws - a thorn in the eye of the Trump administration.
According to EU digital laws, U.S. corporations need to regulate their social networks in Europe more strictly than they like. This is now supposedly in the way of the big deal with Trump.
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