April 11, Source: China News Service. According to a report by the Financial Times of the UK, on the 10th local time, European Commission President Ursula von der Leyen said that if the tariff negotiations with the United States fail, the EU may impose tariffs on large American technology companies.
Illustrative image: Ursula von der Leyen
According to reports, during the 90 days when Trump suspended the implementation of additional tariffs, the EU will seek to reach a "fully balanced" agreement with the US side. However, von der Leyen warned that if the negotiations fail, she is prepared to significantly expand the transatlantic trade war into the service sector, which may include imposing tariffs on digital advertising revenue, affecting major American technology companies like Meta and Google.
"We are formulating retaliatory measures," von der Leyen said. "If the negotiation results are unsatisfactory, we have a series of countermeasures."
Von der Leyen said that Trump's trade war has caused a "complete turning point in global trade," and added that "we will never return to the status quo."
Von der Leyen emphasized that "there are no winners in this trade war, only losers."
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