"The European Union and certain EU Member States have persisted in a continuing course of discriminatory and harassing lawsuits, taxes, fines, and directives against U.S. service providers. U.S. services companies provide substantial free services to EU citizens and reliable enterprise services to EU companies, and they support millions of jobs and more than $100 billion in direct investment in Europe. The United States has raised concerns with the EU for years on these matters without meaningful engagement or basic acknowledgement of U.S. concerns."
"If the EU and EU Member States insist on continuing to restrict, limit, and deter the competitiveness of U.S. service providers through discriminatory means, the United States will have no choice but to begin using every tool at its disposal to counter these unreasonable measures. Should responsive measures be necessary, U.S. law permits the assessment of fees or restrictions on foreign services, among other actions. The United States will take a similar approach to other countries that pursue an EU-style strategy in this area."
EU and certain Member States are imposing discriminatory lawsuits, taxes, fines, and directives against U.S. service providers, targeting services that provide free consumer offerings and enterprise solutions. U.S. services companies support millions of jobs and over $100 billion in direct investment across Europe. The United States has repeatedly raised concerns without meaningful engagement or acknowledgment from the EU. EU service providers have enjoyed open access to the U.S. market for decades, benefiting from a level playing field. If discriminatory restrictions continue, the United States will consider using all available tools, including fees or restrictions on foreign services under U.S. law, and similar approaches against other countries adopting EU-style measures.
Read at The Verge
Unable to calculate read time
Collection
[
|
...
]