US Calls for Fair Digital Trade with EU

In a significant 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 abolish its controversial internet tax. Speaking from the White House, Bessent emphasized that the policy unfairly targets American technology companies, creating what he described as a "digital trade barrier."

A Plea for Removal

"We want to see the internet tax in the EU removed," Bessent stated during a press conference. This statement underscores the growing concerns among US officials regarding the tax's disproportionate impact on US firms and its potential to hinder digital trade between the two economies.

Implications for US-EU Relations

The call to scrap the internet tax signals a possible new chapter in US-EU trade relations, with both sides navigating the delicate balance between protecting domestic industries and fostering international digital commerce.