European officials draft radical plan to take on Trump and U.S. tech companies

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European officials draft radical plan to take on Trump and U.S. tech companies
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In a bid to counter Trump, EU officials are proposing to unilaterally slap tariffs on the United States

European Union officials have drawn up an aggressive 173-page plan to counter both President Donald Trump’s trade moves and American tech giants including Google, Apple, Amazon, Microsoft and Facebook.

They’re also advocating for Europe to show more grit in Trump’s trade war, saying the EU should slap tariffs unilaterally on the United States. By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. The EU would use a so-called draft “Enforcement Regulation” if the Trump administration succeeds in its efforts to grind the World Trade Organization to a halt.the WTO of the judges it needs to operate the main global trade arbitration court.

The proposed new fund is the latest of several EU efforts to shape global technology markets over the past five years. Previous actions include stringent data privacy laws that have been adopted by many of the world’s largest companies and other markets.

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