The French government indicated that the EU's counter to the US's new 20% tariffs on goods will extend to digital services, affecting major tech firms like Google and Apple. Sophie Primas announced that the EU's response would target a range of products, indicating a significant shift in trade dynamics. US tariffs on aluminum and steel were previously met with EU retaliation, but new blanket tariffs have provoked further market instability. This tension has resulted in a devastating loss of over $5 trillion on US stock exchanges in recent days.
Sophie Primas stated, "The second response will cover all products, and I want to stress this - services will be included." This indicates a comprehensive EU response to US tariffs.
Michał Baranowski highlighted, "It's very clear that there will be no winners in this confrontation," emphasizing the negative impact of tariffs on both sides of the Atlantic.
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