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News in English (USA) / 11.04.2025 / 19:00

EU and US Trade Relations: Tensions Rise as Tariff Talks Continue

In a climate of uncertainty regarding trade negotiations, the European Union led by Ursula von der Leyen has indicated that it may impose taxes on major US tech companies if trade talks with President Trump fail. The EU is currently holding retaliatory tariffs for 90 days to allow for negotiations, although officials have emphasized that they are prepared to respond if necessary. Amidst a backdrop of a potential trade war, various EU member states exhibit differing approaches towards tariffs, particularly concerning the technology sector. France has suggested that high-tech companies like Google and Meta might face penalties in response to US tariffs. With the EU seeking to maintain unity in its strategy, there remains an open dialogue regarding future trade arrangements with the US, coupled with a framework for potential countermeasures.
Financial Times, politico.eu, Bloomberg, Reuters, x.com, The Guardian, WSJ, The Economist, Fortune, The New York Times