EU to respond ‘decisively’ if Trump pursues tariff threats, spokesperson says
23 Articles
23 Articles
The European Commission (EC) on Friday rejected President Donald Trump's threats to impose import tariffs of up to 100 percent if Europe imposes a new digital services tax on US technology corporations, warning that it would retaliate against such actions.
US President Donald Trump threatens Europe with drastic tariffs because of possible digital taxes. A quick response follows from the EU.
"The Union and its Member States have the sovereign right to regulate economic activity within their territory in accordance with democratic values and international obligations," wrote a European Commission spokesperson. He emphasized that the taxes are non-discriminatory and apply to all large companies, regardless of their origin. "Unilateral decisions targeting such activities are unjustified. If taken, the Union will respond quickly and dec…
The European Commission has responded to the US president's announcement of a 100% tariff on countries planning to introduce a digital tax. Brussels emphasized that the European Union and its member states retain full freedom to shape the rules governing their own economies.
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