US Calls for Fair Digital Trade Practices

In a bold move, United States Treasury Secretary Scott Bessent has publicly urged the European Union to scrap its controversial internet tax, highlighting its disproportionate impact on US technology firms. The appeal was made during a press conference held at the White House on Tuesday.

Addressing Unfair Trade Barriers

Bessent criticized the EU's internet tax policy, describing it as an unfair digital trade barrier that hinders the growth and competitiveness of American companies in the global market. He emphasized the need for the policy to be reconsidered to foster a more equitable trading environment.

Potential Escalation in US-EU Trade Relations

"We want to see the internet tax in the EU removed," Bessent stated, signaling a possible increase in trade tensions between the United States and the European Union. This statement has sparked discussions on the future of digital trade policies between the two economic powerhouses.