The European Commission vows to respond to any new customs duties
Brussels, June 27 / WAM / The European Commission rejected US President Donald Trump’s warnings to impose customs duties of up to 100% on the exports of European countries that adopt new digital taxes on American technology companies, stressing that the European Union will respond firmly if these measures are implemented.
A Commission spokesman in Brussels said that the European Union and its member states have the sovereign right to regulate economic activities within their territories in line with their democratic values and international obligations, considering that any unilateral measures targeting these policies are unjustified.
He added that the Union will respond quickly and decisively to defend its rights and organizational independence if Washington goes ahead with imposing fees.
The Commission stressed that European taxes are applied to all major companies without discrimination, stressing at the same time its support for a joint international approach to taxing the digital economy, according to what was agreed upon within the G7.
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