EU looks to hit Big Tech in crackdown on US services exports

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EU is considering exporting US services, including the operation of the EU Big Tech, imposing 20 percent tariff on the car industry against Donald Trump and promising another step next week.

Brussels have already unveiled additional tariffs on US $ 26 billion products after Washington steel and aluminum tariffs imposed. However European officials and diplomats say The scale of action by the Trump administration The use of more powerful trade equipment needs to be considered.

The block has a great ability to suspend the rights of intellectual property in the block, and to exclude companies from the government collection agreement under its enforcement control, which was first strengthened in 2021 after the trade conflict with the Trump administration.

“Americans think they are with growing domination [in the trade war]But we also have the power to do so, “a diplomat in the EU said that the goal was to eventually d-escaped in a broad trade agreement.

A fightback may include restrictions on the intellectual property of large technology companies. Another example is to ban Elon Musk’s Sterling Satellite Network from winning a government contract. Italy is already Rewrite whether the system will achieve.

The second diplomat said, “Services are weak in the United States.” Washington ran a € 109bn trade surplus In 2023 the services with the EU compared to the $ 157 billion deficit.

EU officials believe that the Trump administration will only be willing to discuss after creating a tariff wall in the United States that will prove that it has been serious about protecting better conditions from business partners that have taken advantage of its open market.

European officials are optimistic to achieve rapid progress in a final agreement, but it will not remove all additional tariffs imposed by Trump.

The third EU diplomat said, “The scene is the only way we have to respond. It’s the only way to get a deal.” “We’ve tried to talk.”

Since the EU export exceeds its imports, the block will fight to match the tariffs on our products. Brussels also does not want to stop gas supply from the United States to the continent.

“There are only so many products from the United States that the EU can first notice that before the economy is very damaged,” the international political economy says David Henig of the European Center in Think-Tank. “If you do not want to target energy, there is a limit to what can be done on the products. On the other hand there are greater places to avenge the economy without such damage to the economy.”

Some experts say that in order to increase more economic pain in the United States, the European Commission needs to be used to use it Anti-Corporation Instrument (ACI), “Trade Bajuka” has been dubbedThe

This equipment can limit the activities of US banks, withdraw patents or preventing revenue from software updates or streaming.

“I would advise the European Commission to use the ACI,” Former Senior Commission official Ignacia Garcia Berro, who led the US-EU trade agreement, Transatlantic Trade and investment partnership, said Garcia Berroer, a former senior commission official, said it was completed without any agreement.

Any vengeful system adopted by the EU will be drawn by the Commission but the member state must be approved by the heavy majority of the majority.

European Union countries are still discussing the revenge list of products painted in response to Trump’s steel and aluminum tariff; France has pressured to remove the Borban whiskey to avoid its own drinking industry.

The Commission has postponed these steps, which also covered jeans, motorcycles and probably soyabians until April 12. They will be discussed with national leaders before their final agreement.

Diplomats and officials said that any “mutual” tariff in the United States has more product tariffs in response to the tariff that will be accepted By the White House next week And expected by Brussels About 20 percentThe Aircraft, chemicals and pharmaceutical products can be hits.

Additional Report of Henry Faye in Brussels