The European Union is afforded a 90-day reprieve to engage in negotiations, during which time a uniform 10% tariff imposed by the United States will remain in effect. While the EU is optimistic about the negotiations’ outcome, it is also readying itself for unfavorable results, with the consideration of focusing on major American technology companies as a potential strategy. Can the EU realistically penalize its own reliance on these tech giants?
Source: https://www.euronews.com/my-europe/2025/04/18/battleground-big-tech-where-us-tariffs-and-eu-trade-collide