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EU looks to target Big Tech in trade war with America
European politicians want to expand the trade arsenal beyond goods to services and IP
Europe is ready to get creative to win the next bout of trade war against America.
- Jakob Hanke Vela
- Politico
The EU is preparing a law that could allow its executive body, the European Commission, to hit back against U.S. tariffs by imposing sanctions on the intellectual property of companies such as Amazon, Google and Facebook.
In a rare united front, Europe’s main political groups on July 6 backed proposals to strengthen the EU’s trade powers by expanding them into the realm of services and intellectual property…
“I’m satisfied to…