US demands axing of European digital taxes in trade talks
The U.S. Secretary of the Treasury, Janet Yellen, called for the elimination of European digital taxes that affect American companies, viewing it as a key condition for trade negotiations with the EU.
During a Tuesday briefing, Scott Bessent emphasized that the United States expects European countries to eliminate digital service taxes, which impact American enterprises.
Bessent suggested that removing these taxes is crucial in tariff negotiations with the European Union.
Trade negotiations with Asia
Bessent also reported progress in trade negotiations with India and South Korea, which are nearing finalization. Talks with Japan are also at an advanced stage. He admitted that he is currently more focused on Asian partners than on the European Union.
Europe's internal challenges
During the briefing, Bessent addressed the differing approaches to digital taxes among European countries. He pointed out that some countries, like France and Italy, have implemented these levies, while others, such as Germany and Poland, have not.
Bessent expressed a desire to have the unfair tax levied on one of the country's major industries completely removed.
Reactions to tax plans
In March, Poland's Minister of Digital Affairs, Krzysztof Gawkowski, announced the introduction of a digital tax, which Tom Rose, the nominee for US ambassador to Poland, criticized. Rose warned of possible retaliatory actions from the Trump administration.
Tariffs on Chinese goods
Bessent also addressed the situation with China, emphasizing that Beijing should be more interested in ending the trade war. The 145% tariffs imposed by the US are difficult for the Chinese economy to sustain. He noted that American companies are prepared for potential disruptions in supply chains.
Decisions on car tariffs
White House Press Secretary Karoline Leavitt announced that President Trump will sign an order to reduce tariffs on car parts. This decision comes in response to complaints from automotive companies that have suffered from the adverse effects of previous tariffs.
