Trump Threatens Tariffs, Export Curbs to
We had the president also vowing on
social media vowing to place export
curves and tariffs on nations with
digital service taxes on American tech
companies. Brendan, it would seem that
Europe and their tech regulation.
They've always spoken about it in a way
of sovereignty that this is something
deeply important to them. Is it likely
that Europe might budge on this much
like Canada did when there were trade
negotiations underway?
Uh it doesn't sound like it from the
rhetoric uh out of Brussels that this
has always been an issue that they say
is our our domestic regulation and this
is this is how we uh we we oversee
companies that operate within our
jurisdictions and it's always been uh
according to the Europeans off the table
in in any sort of trade negotiation. Now
they they've reached this joint
statement that they issued last week. uh
it essentially said we'll we'll agree to
uh co coordinate on digital services but
it made no commitments on either side
and the Europeans would say uh that that
uh the Trump administr the Trump
administration got nothing on digital
trade uh digital services regulation out
of this out of this framework. So, uh,
it seems to be another area where, uh,
that could be could get volatile if, uh,
President Trump takes it a step further
and and beyond the threat of export
controls or or some sorts of, uh,
tariffs, uh, and actually puts those
into In fact,