Germany Pushes for Caution on EU Tariff Retaliation

OSTN Staff

The current situation regarding tariffs is fluctuating, to say the least. There are concerns over future action, despite the recent news of a 90-day pause on non-retaliatory entities and a reduction of tariffs set on entities like the EU. These concerns come from the fact that the European Commission is planning retaliatory measures should talks fail, including a possible tax on digital advertising revenues. In response, Germany is pushing for caution on such a move. As reported by the Financial Times, German finance minister Jörg Kukies stated: “There are products where the ability to substitute from other services and other […]

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