The Trump administration has issued an ultimatum to the European Union regarding its regulation of U.S. technology companies, threatening to deploy “every tool at its disposal” to retaliate against what it describes as unfair targeting of Silicon Valley giants, which could mean imposing fees on European services that operate in American markets, such as Spotify and DHL.
In a statement posted to social media on Tuesday, the Office of the United States Trade Representative (USTR) accused European regulators of pursuing a “persistent course of discriminatory and harassing lawsuits, taxes, fines, and directives against U.S. service providers.” The Trump administration says if these practices continue, the U.S. is prepared to impose fees and restrictions on European companies operating in the American market.
