France Considers Tech as a Potential Component in US Tariff Reactions

France’s Finance Minister, Eric Lombard, stated that going after US technology companies is merely part of a potential reaction to Donald Trump’s tariffs, with no final decision having been made as of yet.

The European Commission President, Ursula von der Leyen, has indicated that imposing taxes on American digital services might be considered if negotiations to reduce tariff tensions do not succeed.

In the range of options available to us, some might pertain to the digital sector without going into specifics," Lombard stated during an informal discussion alongside a gathering with EU financial officials in Warsaw. "This is among the items under consideration; however, the Commission President’s mention does not imply a final decision has been made.

Officials at the gathering have aimed to project a unified stance regarding their reaction to Trump’s tariffs, despite ongoing discussions among themselves. different approaches .

Germany’s finance minister, Joerg Kuckiens, previously indicated potential concerns about targeting U.S. technology firms. He advised that the European Union should proceed carefully with services where local alternatives do not yet exist in areas like artificial intelligence or cloud computing.

Lombard stated that there is a "shared understanding" that the EU has the option to utilize both tariff and non-tariff measures.

At this point, there are various viewpoints from member states along with their key focuses aimed at safeguarding specific sectors. They also have preferences for certain initiatives over others," Lombard explained. "It wouldn’t be appropriate to discuss red lines since this is a collaborative effort, just like all our activities within the European Union.

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--Assisted by Jorge Valero, Kamil Kowalczyk, Alessandra Migliaccio, Agnieszka Barteczko, and Jasmina Kuzmanovic.

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