EU says it will retaliate immediately if Trump imposes new tariffs
Bloc’s leaders also promise to protect EU interests after US president announces escalation in aggressive trade policy
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Then walk the talk. Otherwise we become a joke
And please tariff the shit out of US Services, since Trump conviently forgets about these when he cries about the trade deficit.
It hurts the Techbros most, and helps growing our own digital industry.
all we have to do is collect the taxes from Meta, Alfabet and X that are overdue - the amount of cash we could get out of them would be enough to finance a LOT of great things here in Europe
Keep in mind that might not be that easy, depending on if the services are provided by an EU subsidary or directly overseas.
Couldn't you discriminate by how much of the value/work was created in Europe Vs US?
Most of the subsidiaries aren't doing much of the work
I'm not sure how to put tariffs on invisible trading, except for taxing profits directly and forcing the profits to be allocated to the right country.
That's sort of what transfer pricing methods are supposed to do anyway, but they are still very flexible and usually work the other way.
