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How the EU could target U.S. Big Tech with its tariff response


The entrance to one of the Google buildings in the “Silicon Docks area in the Dublin, Ireland, Tuesday, Nov. 29, 2022.

BLOOMberg | BLOOMberg | Getty images

The European Union says that you keep all the open options if you don’t negotiate the USA of the USA of the United States – and who could include a great technology.

In front of the fee advertisement – that has Steady global markets with their scope and scale – Ursula beliefs der leyen dining dining that in forms his answer, Europe “continue many cards, dace to our market size technology.”

“This force has been built on our performance to take stroncheaseli. All instruments are on the table,” von der leyen said the Tuesday, a feeling she Reituated on Thursday. I am

As a block, the EU is the largest US trading partner in the goods, services and investment, and trade between the pair is roughly balanced when accounting for both goods and services. I am

But in calculating their calls “of the sales”, US administration seems to be controversy seemed only to the countries deficit of village In the goods with the United States, deept by this gap a “fee” on the United States – and land the main exporters as Vietnam and Sri Lanka with more than 40%.

For the EU, that meant a 20% fee due to the US ‘ Decficit of goods of about $ 235.6 billion. I am Trump has in recent months taken particular humbria with the Nation Nation Nation’s Trade Relationship accusating to treat the greatest economy of the world “very bad” and doing “very difficult to bring [U.S.] Products in Europe “while selling here.

A space in which major room for the US business is in the Jew and Tex Services, Economic Holger in Berenberg, Wednesday.

“That while you are likely to live in significantly now, you will probably be, if the negotiations do not make the result of the middle of the year,” he said. While the case of the economist base is for about the US fees on the US imports to be negotiated by the end of the second business are an avenue through your Schmieding.

Such measures could take the sharp regulations for large technology, or using bloc antiost instrument (ACI, second ditki, the head of the cardes.

The specific goals may include app phones, cell services, cloud services and other areas as if they were kept data, he said.

With a few domestic technical giants, Europe has the huge acetis for the products and services of the Apple’s, Google, Amazon, Meta, Microsoft, Intel and LinkedIn. A lot have regional seat in the Dublin Irish Dublic, originally attracted to his Low-corporate low tax fares – together with big names in the industry of the American Pharmaceic and Financial Financial Services.

EU has already taken the steps for crack on big technician. The block Digital Aggital markets (DMA)Eg, the purpose of handling the power of large dimensions “Gatekeeper” as Google, Apple, Meta, Amazon and Microsoft.

The month the Ules, the European Commission – which is the EU’s executive body – Google Parent’s VERFABETED Google with DMA and issued rise with driving Requiring iPhone Maker to do more to meet the law. Trump first quoted the EU actions of the EU actions for America’s technical giants in the reason to hit the block with fees. In February, threatened the fee block to face “overseas exit” of the USA’s technical businesses through digital tax.

Technology will see one

The Giants Things of the Vantit Things Always Crappling With The Chain Futtal Chain by Trump File Policies, with Many affordants on components and assembly lines in Asia. I am Apple’s Actions suffered their worst loss from 2020 on Thursday, in addition to 9%, in the middle of a Broad Tech Rend-off.

Dan IVES, head of Technology Search Technology in Wedbush Timbush, they say in a note before the Hebrew and can’t need the juvenile of gains.

Damage to European consumers

However, incomes Brzeski also nutted that the Contrarrosure task under the ACI I would need 15 of 27 of 27, turtled to the eight weeks.

Is also stressed that happens after the US digital services would be the “nuclear option” in the EU trade policy kit.

“Not just because I couldn’t push more reincipal reincipity because of European customers to the US digital services,” told you cnbc.

“To Certi misuse US Digital Services will first be the spitting image of what Trump just announced: It would be a measure of business consumers but at the cost of domestications.”

Andrew Kenningham, capital captain, said in a featuring Friday whose polypymony were probably rates or using the aci, the end of EU.

“AU is aiming to minimize scaling risks and preserves what remote of the US Trade relationship for further negotiations on defense,” he said.

“Then while the EU captains were rapid the caliphs, they also clear that are open to shops of shops.”

– CNBC’s Ryan Browne contributed to this story.



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