The European Commission said the EU and its member states have the sovereign right to regulate economic activity, pushing back against U.S. President Donald Trump's threats over digital taxes. The statement underscores ongoing tensions around tax sovereignty and cross-border digital taxation, but it does not announce a new policy change or immediate market-moving action.
The European Commission said the EU and its member states have the sovereign right to regulate economic activity, pushing back against U.S. President Donald Trump's threats over digital taxes. The statement underscores ongoing tensions around tax sovereignty and cross-border digital taxation, but it does not announce a new policy change or immediate market-moving action.
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