The European Union ready to measures against the US Tech companies in response to Trump’s duties

John

By John

THE’European Union is planning retaliation measures against the companies of the Silicon Valley In the event that Donald Trump should actually impose duties against the EU. This is stated by Financial Timesciting two European officials aware of the plans.

The use of the anti-coercion tool

In particular, on the table there is the possibility that it is used “Anti-coercion tool”which allows the executive EU to impose Restrictions on trade in services In the event that it believes that a country is using i duties on goods to force political changes. “All options are on the table,” said an official at the Financial Times.

The Trump threats to impose duties To force the Denmark to yield the Greenland or to push theEU to abandon actions against companies US technological technological They would return to this case, the sources still say.

Possible EU measures

This tool would allow the EU Commission to impose measures such as the revocation of the protection of intellectual property rights or theirs marketingfor example for i software download he is streaming services; and of block foreign direct investments or of limit access to the market For financial companies in the sectors banking, insurance and gods financial services.

Doubts about the extension of the dispute

However, a second official warned that, while theEU is an expert in the management of duties on goodscould hesitate to expand one dispute Including i services he is intellectual property rights.