US demands end to European digital taxes for trade talks
The US Secretary of the Treasury, Scott Bessent, has called for the elimination of European digital taxes that affect American companies. This is a key condition for trade negotiations with the EU.
The US Secretary of the Treasury, Scott Bessent, emphasised during a Tuesday briefing that the United States expects European countries to remove digital service taxes, which impact American enterprises.
Bessent suggested that this is a key condition in tariff negotiations with the European Union.
Trade negotiations with Asia
Bessent also reported progress in trade negotiations with India and South Korea, stating that they are close to finalisation. Talks with Japan are also at an advanced stage. The secretary admitted he is currently more focused on Asian partners than on the European Union.
Europe's internal challenges
During the briefing, Bessent addressed the differences in approaches to digital taxes among European countries. He pointed out that some countries, such as France and Italy, have implemented such levies, while others, like Germany and Poland, have not taken this step.
Bessent expressed a strong desire to see this tax, levied on one of the United States’ major industries, completely abolished.
Tariffs on Chinese goods
Bessent also addressed the situation with China, emphasising 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. The secretary 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 is in response to complaints from automotive companies that have felt the negative effects of previous tariffs.
