US Challenges EU Over Internet Tax
In a bold move that could escalate trade tensions between the United States and the European Union, US Treasury Secretary Scott Bessent has publicly urged the EU to scrap its controversial internet tax. Speaking from the White House, Bessent highlighted the tax's disproportionate impact on American technology companies, labeling it as an unfair barrier to digital trade.
"We want to see the internet tax in the EU removed," Bessent stated, emphasizing the need for a reconsideration of the policy. This statement marks a significant moment in the ongoing dialogue between the two economic powerhouses, with potential implications for the global digital economy.
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