The European Commission said on Friday that the EU and its member states have the sovereign right to regulate economic activity, responding to U.S. President Donald Trump’s threats over digital taxes.
Any taxes are non-discriminatory by design and apply equally to all large companies, regardless of their origin, a spokesperson said. The bloc would respond swiftly to unjustified unilateral measures but remains open to a global solution in line with G7 agreements.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.