Mon, 24 Nov 2025

Mon, 24 Nov 2025 US presses Europe on rules for big tech companies

Europe should "reconsider" rules for big tech firms if it wants lower US tariffs on steel exports, the US Commerce Secretary says.

* US Commerce Secretary Howard Lutnick says Europe should reconsider its rules on big tech companies if it wants lower tariff rates on steel and aluminium exports.
* The US is still charging 50% duty on European metals exports, despite a July deal that set tariffs at 15%.
* Europe hopes to secure relief for metal exports and carve-outs from tariffs for products like wine, cheese, and pasta.
* In exchange, the US wants concessions on European digital regulations that unfairly target American firms.
* The US has long maintained that taxes on digital services and the Digital Markets Act are discriminatory against American companies.
* European Trade Commissioner Maroš Šefčovič says the EU's digital rules are not up for negotiation.
* The two sides remain at odds over parts of the July deal, with the US wanting Europe to follow through on promises to lower tariffs on American goods.
  >>