The European Union is strategizing its response to Donald Trump's trade tariffs, potentially escalating the situation to impact major tech companies. French government spokesperson Sophie Primas indicated discussions including tariffs on tech services, which could further burden firms like Google, Meta, Amazon, and Apple. Microsoft, while facing less severe stock impacts, may still see repercussions if the EU imposes tariffs on its software offerings. Currently, the EU has not executed these tariffs, preferring a cautious approach with a 'zero-for-zero' proposal to Washington, as indicated by Polish economy minister Michal Baranowski.
The EU is contemplating escalating its response to Trump's tariffs, which could target tech services and greatly impact major companies like Google and Apple.
EU officials, including Sophie Primas, emphasize that the proposed tariffs are still under consideration, aiming for a balanced approach rather than immediate retaliation.
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