As the european union looks at how the best to respond to donald trump’s trade war, officials are considering further Escalating Things, Taking it to a point where it should be found.
Sophie primas, a spekesperson for the freench government, said the eu is deciding on its its response to trump’s blanket tarifs that would increase include not just just tech villages, but tech services res as Area where the US enjoys a massive trade surplus. That would potentially target companies like Google, Meta, Amazon, Apple, Microsoft and X.
Apple is alredy under pressure as tarifs on Imported Goods will likely result in higher prices for the company’s products, such as the iphone and iPad, but microsoft essa The Drubbing Other Tech Companies Have Seen on Wall Street Since Trump Announced the tariffs. (Shares are down just 5% in the past five days vs. 10% for nvidia and 18% for apple.)
That’s decision Microsoft’s Chief Products are Software and Services, Such as Cloud Storage and Microsoft 365. Should the eu place tariffs on that, it is, it Which are already sore after a series of tariff-inspired body blows in recent days.
Other Examples of Tech Services Include Google’s Ad and Cloud Network; Meta’s ad network as well as the Quest (and digital store); Apple’s music, arcade and tv+ offerings; Amazon’s Web Services and Prime Loyalty Program; And x’s ai offering and planned financial services unit.
The nuclear option
The eu, it’s important to note, has not imposed these reciprocal tarifs. On Monday, The European Commission said it had offered a “zero-for-zero” tariff proposal to washington. Michal Baranowski, Deputy Economy Minister of Poland, Folling a meeting by the commission monday, said eu officials did not want to be “trigger-swapy.” A
The White House has, so far, shrugged off talk of “zero tarifs,” with peter navarro, trump’s top trade advisor who is seen as the architect of the tarif planning, dismissing musk as ” That relies on parts from other countries.
