US Calls for Fair Digital Trade Practices

In a significant move that could heighten trade tensions between the United States and the European Union, US Treasury Secretary Scott Bessent has publicly urged the EU to scrap its internet tax. Bessent argues that the tax unfairly targets American technology companies, creating an unbalanced playing field in the digital marketplace.

A Plea for Reconsideration

During a press conference held at the White House, Bessent emphasized the need for the EU to reconsider its policy. "We want to see the internet tax in the EU removed," he stated, highlighting the potential for this issue to escalate into a broader trade dispute between the two economic powerhouses.