Europe’s threat to apply US Technology Giants

report to Ursula Fan in Line, the European Commission Chairman, warned that if the trade negotiations with the Trump administration fail, the European Union is ready to take retaliatory measures, including tax on US digital companies.

The European Union has announced that it will refuse to impose retaliatory tariffs on American goods for now, as the Trump administration has temporarily stopped implementing a 5 % tariff on European products.

However, Ursula Fan in Line, the European Commission Chairman in a conversation with the Financial Times newspaper announced: If the union fails to commercially, this union is ready for business. Use large US technology companies.

, according to Fan in Line, the EU is trying to reach a fully balanced agreement with the US during the 6-day deadline for new tariffs by the Trump administration.

The threat is raised as trade disputes between Brussels and Washington over technology, automotive and industrial policies are increasing. Taxation of American digital giants such as Google, Amazon and Meta can foster a new trade war between the two Atlantic sides.