Tariffs could include digital services that are currently not taxed. France’s prime minister françois bayrou worries about the economic repercussions, predicting gdp shrinkage as much as 0.5% from tariff wars Tariffs could include “digital services that are currently not taxed. that suggestion was fiercely rejected by ireland, which hosts the european headquarters of several u.s
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French economy and finance minister eric lombard suggested countering us president donald trump’s tariffs by more strictly regulating the data usage of us big tech companies.
France pushed for the eu to consider targeting us digital services, drawing fire from ireland which relies heavily on us investment, particularly in the tech sector.