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US Threatens to Retaliate Against EU Firms Over Digital Tax

The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent companies, including Accenture Plc, Siemens AG and Spotify Technology SA, as possible targets for new restrictions or fees.

The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent companies, including Accenture Plc, Siemens AG and Spotify Technology SA, as possible targets for… [392 chars]

Source: Bloomberg | Published: 2025-12-16T18:04:06Z

Credit: Bloomberg

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