Spain’s exposure to President Trump’s tariffs is less than other European countries, but the ‘Google Tax’ has put the country at risk of economic damage. The tax, aimed at tech giants like Google and Amazon, has drawn the attention of Washington, with Trump commissioning a report on its impact. The tax, in effect since 2021, has already collected €375 million but faces opposition from the US due to its perceived discrimination against American tech companies.
Full Article
The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
Read more