EU reaffirmed its sovereign right to regulate economic activities, including rules affecting major technology firms, pushing back against U.S. threats of new tariffs and export restrictions over #digitaltaxes and technology regulations. http://xhtxs.cn/6gt
President Trump vows tough new tariffs and chip export limits on nations with digital taxes targeting US tech giants. He claims these levies unfairly single out firms like Meta and Amazon, threatening heavy repercussions unless repealed. This escalating trade clash highlights deep global tensions over tech taxation. Read Kevin Breuninger’s full breakdown: https://www.cnbc.com/2025/08/25/trump-tariffs-digital-taxes.html #Trump #tariffs #digitaltaxes #technology #trade #KevinBreuninger
Trump vows 'substantial' new tariffs, chip restrictions on countries with digital taxes

President Donald Trump said taxes on massive tech companies like Facebook, Google and Amazon are designed to "discriminate against" American technology.

CNBC
Victory for Trump as EU backs down on #digitaltaxes in next budget - https://www.politico.eu/article/victory-eu-donald-trump-meta-tax-digital/ have they understood nothing? #trump will take this for weakness, and will demand more...
Victory for Trump as EU backs down on digital taxes in next budget

Shelving the plan could help EU persuade the U.S. to give it a more favorable trade deal and comes just two months after the Commission suggested it.

POLITICO