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AB, if Trump trading talks fail, Big Tech can tax, von der Leyen says


The EU is ready to place the strongest trade and negotiations with Donald Trump cannot put up with the Digital companies, if the negotiations do not end against Europe.

President of the European Commission Ursula Von Der Leien, EU wanted a “completely balanced” agreement with Washington, said that the Trump’s 90-day additional tariffs searched for “completely balanced” contract.

However, the President of the commission, these talks, potentially, technological groups such as Meta, Google and Facebook, warned that potentially be ready to expand the transatlantic trade war.

“We are developing the measures of revenge,” he said. “There are a large number of countermeasures … if negotiations are not satisfactory.”

He said that this could include tariffs for trade trade between the United States and the EU, emphasizing that the exact measures would depend on the results of negotiations with Washington. “An example, digital services can make a payment for ad revenues.”

The measurement would be a tariff applied in the unit market. This differs from digital sales taxes applied individually by member states.

EU Executive Director Von Der Leyen, Trump’s commercial war is caused by “a complete point of infection in global trade.” “It’s a turning point without any questions with the United States,” he added: “We will never go back to the status quo.”

“It’s only the losers,” he continues in the Foundation and the bond markets. “Today, we see the cost of chaos … Today, the cost of uncertainty we live will be difficult.”

Referring to talking with Washington, the Thursday Commission took revenge on the steel and aluminum tariffs applied last month. There were close import to 21 billion euros, including events, poultry, orange juice and yachts.

He said he was trying to negotiate trade policy on behalf of 27 member states of the EU and tried to negotiate the commission with the United States, but wait until 20 percent of the “mutual” tariff.

The President of the European Commission Ursula Von Der LeNen FT Editor Roula Khalaf and Head of the Brussels Bureau Head Henry Foy.
Ursula Von Der Leyen Financial Times Editor Roula Khalaf and Brussels Office President Henry Foy © Bendo Information

In industrial goods, the zero tariff for zero has openly offered a traction in Washington, where officials complained with tariff trading barriers such as VAT and product standards.

Von Der Leyen said it was open to discuss the alignment of the EU and US standards, but it was likely to achieve a limited result.

“I think it’s worth looking at our plots and standards to facilitate our standards and standards. So I’m told it.” “But we should not raise many expectations, because … There are often different standards because there are differences in lifestyle and culture.”

He exploited the revision of the “inviolable” rules on the digital content and market capacity, which was introduced to the market capacity of the authorities as effective taxes of great technological companies. The EU will not negotiate on VAT, which was equal to sales tax: “These are not in the negotiating package, because this is our sovereign decisions.”

If negotiations fail, the EU will automatically activate the planned revenge measures in response to the tariffs in steel and aluminum.

In addition, Von Der Leyen, Trump’s so-called reciprocal tariffs said the website could target large US services with the EU. The US president only counts in trade figures, except for the services provided by the United States to the rest of the world.

“Companies offering services are doing a good job in this (EU) market. The vast majority of services come from the United States. Thus, we want a talking solution to us,” he said.

Along with the potential targeting services trade, Von Der Leyen, where Brussels is a high demand for US steel mills, said he considered the actions such as a possible payment in the US metal exports.

The global trade warft has become a potential nail effect, Von Der Leien, the EU’s Chinese tariffs, which are redirected to the United States, said that Brussels will receive “the security of the” protective equipment “.

Von Der Leyen said this point was a call for Chinese Prime Minister Li Qiang in a call this week and said that “this risk is that it will stimulate consumption in China.”

Regardless of the results of the negotiations with the United States, Trump’s policy has changed global trade relations, and held talks between the EU and the powers, including VON DER LEYEN, EU and the EU and its powers, including Thailand, Philippines, Indonesia and the United Arab Emirates.

“(There are) many countries around the world have a large number of countries to combine, balance, but also around tariffs, but also in tariffs, but also in tariffs,” said Von Der Leyen.

Both the United States and the United States and the EU are subsidy to the rules of the world trade organization, a number of production performances in China, China, flooded global markets.

The Trade War has now pushed the discussions on the topic of discussions on how we can modernize the WTO, we can not modernize, and stabilize.

“But the emphasis should be modernized and reform, it can not be very difficult to have today,” he said. “I want to say that never waste a good crisis.”



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