US EditionUS threatens countermeasures after EU fine on Musk's X
The U.S. Trade Representative warned the EU of retaliatory fees or restrictions after EU fines on U.S. tech firms, citing potential impacts on jobs and $100 billion in investments.
- Earlier this month, the European Union fined Elon Musk-owned social media platform X €120 million, and the Office of the United States Trade Representative threatened retaliation.
- U.S. officials argue the DMA and DSA led to major changes and fines for Apple and Meta, saying the EU and some Member States pursued discriminatory actions against U.S. service providers.
- Invoking U.S. legal authorities, the USTR named Accenture, DHL, Mistral, SAP, Spotify, and Siemens as potential targets for fees or restrictions under U.S. law.
- Brussels rejected the discrimination claim, Thomas Regnier said, as the warning marks a sharp escalation in tensions over the EU digital rulebook and the U.S. House Judiciary Committee examined the issue.
- Beyond EU ties, the warning signals risks for global regulatory alignment as the United States warned it would consider countermeasures against other countries adopting an "EU-style" strategy, raising stakes for the U.S. services sector with $100 billion in direct investment in Europe.
69 Articles
69 Articles
There has been a long dispute over the regulation of digital companies: the EU imposes heavy fines on large US technology companies, which annoys the US government. Now the EU threatens them with sanctions for service providers.
The Financial Times newspaper writes that Washington believes that the European Union is treating US technology giants unfairly, and Donald Trump's administration has therefore threatened to take action against major European companies.
US Threatens Countermeasures on EU After X Fines
The foreign trade ambassador for the United States threatened to retaliate against the European Union Tuesday following its $140 million fine against billionaire entrepreneur Elon Musk’s X. The U.S. Trade Representative stated in an X post that if the United States needs to respond to Europe’s restrictions and fines, the law allows the United States to assess fees or restrictions on foreign services and take other actions. “If the EU and EU Memb…
The European Commission has applied fines to large American groups in the digital sector. A fine of EUR 120 million has recently been applied to the X social network, held by Elon Musk.
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