EU and US reached a summer trade deal with a 15% tariff cap to calm tensions, which EU leaders accepted despite reservations. President Donald Trump has threatened fresh tariffs and export restrictions in response to Europe's national digital services taxes and the EU's Digital Services Act and Digital Markets Act. Trump accused the measures of discriminating against US tech firms and suggested they give a pass to Chinese tech companies. The DSA and DMA impose strict content-moderation rules and constrain dominant platforms. Several EU states, including France, Italy and Spain, have introduced national digital levies; the UK applies a 2% tax on large online-platform revenues.
The summer trade deal between the European Union and the Trump administration was supposed to mark a turning point in transatlantic relations after months of uncertainty. A 15% tariff cap wasn't ideal, but EU leaders accepted it as the cost of keeping trade tensions with the United States at bay. That is, until Donald Trump reignited the dispute. The US president is now threatening fresh tariffs in retaliation for Europe's digital services taxes and technology regulations, accusing the EU of
In a post Monday on Truth Social, Trump warned that countries imposing such levies and rules would face "substantial additional tariffs" and export restrictions on crucial US advanced technologies, such as chips. He demanded they be scrapped immediately, labeling the measures "discriminatory" while apparently giving a "complete pass to China's largest tech companies." Trump decries EU taxes on Big Tech While the EU's tech and antitrust regulations have been a bane to successive US administrations for more than a decade,
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