TRADE WAR AND TARIFFS

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 France Warns EU May Crack Down on US Big Tech’s Data Use in Response to Trump’s Tariffs

Photo : times of india

The French finance minister, Eric Lombard, said on Saturday that the European Union (EU) could respond to the tariffs announced by US President Donald Trump by regulating the use of data by American big tech groups, among other measures.

 The European response to the massive tariffs announced by US President Donald Trump may go beyond tariffs, French Economy Minister Eric Lombard said on April 4, 2025, referring to standards, data exchange, and tax tools.( File (AFP) The European response to the massive tariffs announced by US President Donald Trump may go beyond tariffs, French Economy Minister Eric Lombard said on April 4, 2025, referring to standards, data exchange, and tax tools.( File (AFP) Lombard mentioned that the EU had a number of tools at its disposal in an interview with the French weekly Le Journal du Dimanche. “We have several tools at our disposal at the European level: regulatory, fiscal, and customs. For example, we can strengthen certain environmental requirements or regulate the use of data by certain digital players,” he said in the interview.


 According to Lombard, EU rules also allow for taxes on certain American activities, with all the options remaining open and under discussion. He didn’t give any details on how data usage by big tech groups could be strengthened. Data collection and processing are already regulated by EU rules like the General Data Protection Rules (GDPR).
 Companies on both the continent and in the United States should face "inevitably" "consequences" as a result of the European response to US tariffs. It is not a question of taxing all American imports, that would be counterproductive, penalizing our economy as much as theirs. Therefore, we will precisely target specific industrial segments," he told the newspaper.

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