The EC's president says the EU won't revisit its “untouchable” rules, like the DMA, and could tax digital ad revenue, hitting Meta and Google, if US talks fail
European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation
Financial Times
Related Coverage
- Big Tech's Three Underappreciated Risks Following a Week of Tariff Unease Big Technology · Alex Kantrowitz
- Europe Signals ‘No Compromise’ on Trade, Prepares Counter-Tariffs on US Tech PYMNTS.com
- EU could tax big tech if Trump trade talks fail, Von der Leyen tells FT Reuters · Urvi Dugar
- Google, Meta Could See Retaliatory Tax On Digital Ads In EU MediaPost · Laurie Sullivan
- Tariffs: von der Leyen reveals her cards; US Big Tech in the crosshairs if talks fail Eunews · Simone De La Feld
- Europe will to go after Big Tech if U.S. trade talks are not ‘satisfactory’, von der Leyen warns: ‘Never waste a good crisis’ Fortune
- China Hits Back At Trump, Raises US Tariffs To 125 Percent Silicon UK · Tom Jowitt
- Big Tech could be in EU sights should tariff negotiations fail Silicon Republic · Ann O'Dea
- IT strategy implications of US tariffs ComputerWeekly.com · Cliff Saran
- EU could levy US tech multinational ad revenue - von der Leyen The Irish Times · Jack Power
- Brussels may tax US Big Tech if talks fail, says EU chief Hürriyet Daily News
- Meta, Google And Other Big US Tech Firms Could End Up Paying Up If Trump Tariff Talks Collapse, Warns European Commission President: ‘No Winners In This, Only Losers’ Benzinga · Ananya Gairola
- EU to Trump on tariffs: We'll retaliate when we're ready, not when you tweet Politico · Camille Gijs
- Europe markets head for muted open as U.S.-China trade war fears dominate CNBC · Sophie Kiderlin
- Europe Threatens to Tax Meta and Google Ad Revenues The Information · Martin Peers
- The platforms cash in their chips with Trump Platformer · Casey Newton
- Trump trade advisor says stock market plunge ‘No big deal’: Live updates CNBC
- As Advertisers Rethink Spending, Meta and Google Look Better Positioned The Information · Catherine Perloff
- US hitting most Chinese goods with 145% tariff, White House confirms BBC
- Bitcoin flat as China announces new 125% tariff on US goods, gold spikes, oil declines CryptoSlate · Liam ‘Akiba’ Wright
- S&P 500 More Volatile Than Bitcoin as U.S. Assets Lose Investor Favor CoinDesk · Omkar Godbole
- From ‘Be Cool!’ to ‘Getting Yippy’: Inside Trump's Reversal on Tariffs New York Times
- Apple and Tariffs (Part 3) Above Avalon · Neil Cybart
- Apple's high storage prices may be key to mitigating iPhone 17 Pro price rises AppleInsider · William Gallagher
- Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs Reuters · Aditya Soni
- Tech-heavy Nasdaq sinks 4.3% Thursday after Trump imposes 145% tariffs on Chinese imports Fortune
- U.S. Tariffs Are a Tech Industry Wrecking Ball. The Exception: Chinese Phones Xataka On · Ricardo Aguilar
- AAPL crumble: stock hit again, as White House clarifies 145% China tariff rate AppleInsider · Malcolm Owen
- Markets retreat as U.S.-China trade war worsens Washington Post
- Here's when iPhones may get more expensive CNN · Lisa Eadicicco
- Trump hails cabinet of ‘friends’ as markets resume plunge New York Daily News · Dave Goldiner
- Trump tariffs on China will actually be 145% — not 125% for some imports, White House clarifies New York Post · Chris Nesi
- Tech stocks tumble and market retreats as US-China trade war worsens NZ Herald
- What the tariff pause and China escalation mean for Apple shares CNBC · Sean Conlon
- Trump Finally Confirms True Extent of China Tariffs New Republic · Hafiz Rashid
- Dow loses nearly 1,800 points as White House clarifies China tariffs Proactive
- Many on Wall Street say sell the rallies because Trump can't undo damage already done NBC News · Brian Evans
- Trump tariffs: US to charge 145% on Chinese goods Deutsche Welle
- S&P 500 loses 5% after Trump ups tariffs on China to 145% Associated Press · Stan Choe
- Traders Grapple With Most Volatile Equity Market in Decades After Trump Reversal Bloomberg
- Dow falls 1,107 points after brief rally following Trump tariff pause UPI · Ian Stark
- Nasdaq and S&P 500 slide back as some reprieve rally gains returned, inflation declines Proactive
- Apple, Nvidia, Meta, and more Magnificent 7 stocks slide Quartz · Harri Weber
- Amid Trump Tariff Uncertainty, Should Consumers Stock Up Now on What May Soon Become More Expensive? Time · Solcyré Burga
- Trump refocuses trade war on China, but global upheaval remains Semafor · Madeleine Wright
- Trump Can't Beat the Bond Market. Why He Must Conquer China on Tariffs and 4 Other Things to Know Today. Barron's Online
- Trump's tariffs may be paused, but that won't stop GPUs being overpriced and expensive TechRadar · Isaiah Williams
- Trump hints at tariff exemption for Apple and other ‘hard-hit’ companies Macworld · David Price
- Inside Trump's reversal on tariffs: 'You almost can't take a pencil to paper. It's really more of an instinct' The Irish Times
- Trump's 90-day tariff pause ripples through markets: What Wall Street is saying Yahoo Finance · Brian Sozzi
- Tim Cook's charm offensive: Will it work a second time? Philip Elmer‑DeWitt
- Dow drops 2,100 points, S&P 500 loses 6% as stock market gives back more than half of historic rally: Live updates CNBC
- What a day, but more great days coming!!! @realDonaldTrump@truthsocial.com · Donald J. Trump
- Looks like traders woke up this morning and suddenly realized: — 1) Trump only DELAYED some tariffs — 2) Trump is still going after China — 3) Trump is a fickle child with no plan to actually accomplish any of his ridiculous goals. — “Dow futures drop 600 points with stocks set to give back some of historic turnaround” … @samlitzinger@journa.host · Sam Litzinger
- Here's how much a ‘Made in the USA’ iPhone would cost CNBC · Kif Leswing
- Explained | Why Trump's dream of ‘made-in-the-USA’ iPhones isn't going to happen Deccan Herald
- IPhone production shift to US could spike costs by 90%: report Tech in Asia · Aiko Gao Ishida
- An American-Made iPhone: Just Expensive or Completely Impossible? Wall Street Journal
- Why We Don't Have a Made-in-America iPhone — President Trump's tariffs aim to bring manufacturing … Wall Street Journal
- iPhone Price Could Triple Due to Escalating US-China Tariff War TechRepublic · Kara Sherrer
- Apple's supply chain under pressure from tariffs amid iPhone price hike speculation South China Morning Post · Ben Jiang
- Bank of America: US-Made iPhones Would Face 90% Cost Surge MacRumors · Tim Hardwick
- iPhones made in the USA? Here's why that won't happen, even with Trump's tariffs on China Associated Press
- A U.S.-made iPhone could cost almost as much as AirPods made of pure gold Laptop Mag · Stevie Bonifield
- Trump believes that the US has the ability to manufacture iPhones KnowTechie · Ronil Thakkar
- No, Apple iPhones won't be made in America anytime soon TheStreet · Samuel O'Brient
- Will iPhones cost more because of Trump's tariffs on China? BBC · Liv McMahon
- Apple Won't Shift iPhone Manufacturing Into The US, Says Bank of America Wccftech · Ramish Zafar
Discussion
-
@phdskat.org
Rasmus Corlin Christensen
on bluesky
The EU threatens new taxes on US Big Tech. Again. This time in response to Trump's tariff tirade. — This is the latest in a decade-long transatlantic spat that has radically transformed the global tax landscape. A quick 🧵
-
@tomoljenkins
Tom Jenkins
on bluesky
@vonderleyen.ec.europa.eu clarifies. A good explainer by the Commission President on EU's position on tariffs. Unlike the mumbling about ‘pragmatism’ we get from Whitehall www.ft.com/content/fba1...
-
@profjacob
Jacob Öberg
on bluesky
🚨🚨 Whilst the pausing of EU countermeasures towards #trumptariffs might seen as a sign of weakness, @ec.europa.eu has a fairly compelling plan to strike back if trade talks with the US fails. 🧵 — www.ft.com/content/fba1...
-
@wavesblog
Simonetta Vezzoso
on bluesky
She said: “These are not in the packages of negotiation because these are our sovereign decisions.”
-
@robertscotthorton
Scott Horton
on bluesky
An EU strategy clearly emerges: if tariff discussions fail, the EU will then target and go after the broligarchs—all of them, starting with Elon Musk, Peter Thiel and David Sacks—says Ursula von der Leyen. www.ft.com/content/fba1...
-
@marcoinbxl
Marco Incerti
on bluesky
If u haven't yet, do read the FT's interview with von der Leyen! #EU prepared to consider tax on digital advertising revenues if negotiations with #US fail. #DSA, #DMA untouchable. Open to discuss standards, but low expectations due to cultural differences. Plus, check out @h…
-
@catiomiles
Catio Miles
on bluesky
Facebook shares may be falling hard tomorrow — www.ft.com/content/fba1...
-
@tonytassell
Tony Tassell
on bluesky
Strong message here from Ursula von der Leyen: The EU is prepared to deploy its most powerful trade measures and may impose levies on US digital companies if talks with Trump fail to end his tariff war against Europe. Interview by Roula Khalaf, Henry Foy & Andy Bounds
-
@vonderleyen
Ursula von der Leyen
on x
We took note of the announcement by President Trump. We want to give negotiations a chance. While finalising the adoption of the EU countermeasures that saw strong support from our Member States, we will put them on hold for 90 days. If negotiations are not satisfactory, our c…
-
@mattinthemittel
Matt Mittelsteadt
on x
The tech-MAGA alliance never made much sense. The traditional openness ethos is the core of tech profits. Sacrificing openness means inviting new killer issues such as threatened EU digital services tariffs and broader tech protectionism. https://www.ft.com/... [image]
-
@mij_europe
Mujtaba Rahman
on x
‼️🇪🇺🇺🇸 Excellent interview of @vonderleyen by @khalafroula @HenryJFoy The EU has serious leverage over Trump and the US economy despite noise to the contrary. Good the @EU_Commission is prepared to use it “EU could tax Big Tech if Trump trade talks fail, says von der Leyen”
-
@mij_europe
Mujtaba Rahman
on x
“It's a turning point with the United States without any question,” she said, adding: “We will never go back any more to the status quo.” https://www.ft.com/...
-
r/europeanunion
r
on reddit
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
-
r/ValueInvesting
r
on reddit
EU could tax Big Tech if Trump trade talks fail
-
r/neoliberal
r
on reddit
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
-
r/stocks
r
on reddit
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
-
r/worldnews
r
on reddit
EU could tax big tech if Trump trade talks fail, von der Leyen says to FT
-
r/europe
r
on reddit
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
-
@norbizness
@norbizness
on bluesky
So if we give back 50% of a historical rally which only reclaimed 30% of the original disastrous historical tumble then I WAS TOLD THERE WOULD NOT BE MATH ON THIS QUIZ
-
@jessicawildfire
Jessica Wildfire
on bluesky
Oh, no. It looks like Wall Street remembered that a trade war with China is a really, really bad idea. — www.cnbc.com/2025/04/09/s...
-
@drudnerbraha
@drudnerbraha
on bluesky
The Chinese are smart. They are methodical, disciplined and calculating; no match for 🍊🤡 and his band of gypsies. They will not take this lying down. — The damage is done. They will strike back! Actually, they already are...
-
@ericcolumbus
Eric Columbus
on bluesky
TARIFFS AS OF RIGHT NOW: — 💥 145% on all goods from China — 💥 25% on aluminum, autos, and goods from Canada and Mexico not under the United States-Mexico-Canada Agreement — 💥 10% on everything else — www.cnbc.com/2025/04/09/s... [embedded post]
-
@mommamia
@mommamia
on bluesky
He is a mad man. — And this is your reminder that the Republicans can stop this at any time. — They have chosen not to. www.cnbc.com/2025/04/10/c...
-
@karlbode.com
Karl Bode
on bluesky
so not at all fucking “paused” then — keep up the great work, U.S. journalism
-
@karaswisher
Kara Swisher
on bluesky
Chaos monkeys are not cool to Wall Street www.cnbc.com/2025/04/09/s...
-
@nicktimiraos
Nick Timiraos
on x
Despite a decent auction, the 30-year Treasury yield rose 6 bps to 4.849% on Thursday. Yields are up every day this week by a cumulative 0.458 percentage point, the largest four-day yield gain since March 18, 2020. Meanwhile, the dollar weakened nearly 1.6% on the day. From [imag…
-
@secscottbessent
@secscottbessent
on x
During today's meeting to confirm the start of formal discussions on reciprocal trade with Deputy Prime Minister Ho Duc Phoc of Vietnam, I emphasized the need for continued engagement and quick, demonstrable progress to resolve outstanding issues. [image]
-
@thestalwart
Joe Weisenthal
on x
@DavidSacks David please stop tweeting about the market!
-
@thestalwart
Joe Weisenthal
on x
6 straight days
-
@mattyglesias
Matthew Yglesias
on x
We're doing a form of trade war with China where half the stuff normal Americans buy will get more expensive, but China still gets access to the leading edge technology they need to dominate AI and whatever else.
-
@elerianm
Mohamed A. El-Erian
on x
Gold at a record level and the DXY dollar index at its weakest in two years speak to more than the current period of uncertainty and volatility. They also reflect the intensification of a worrisome multi-year process that I have written about many times — that is, the very [image…
-
@thestalwart
Joe Weisenthal
on x
*TRUMP ON STOCK MARKET DROP: I HAVEN'T SEEN IT
-
@senrubengallego
Senator Ruben Gallego
on x
🚨The S&P just had its worst 4-day drop ever—then its biggest gain since 2008. Trump said “BUY!!!” before suspending the tariffs. Did Trump and his billionaire donors profit from insider trading? @SenAdamSchiff and I are demanding answers.
-
@thestalwart
Joe Weisenthal
on x
After yesterday's pause, I was like “ok, back from the edge, but I'm still worried about recession dynamics taking hold”. I didn't think that 24 hours later, we'd be back to staring at this chart of long-term yields [image]
-
@thestalwart
Joe Weisenthal
on x
It's interesting that the market is getting killed, and yet rather than talking about that directly, Democrats still want to talk about insider trading conspiracy theories that rest on the (let's be honest, improbable) assumption that Trump's inner circle is well coordinated.
-
@buccocapital
@buccocapital
on x
Guy at Goldman watching the market today after he published a recession call yesterday and then rescinding it 73 minutes later when the market ripped [image]
-
@buccocapital
@buccocapital
on x
It is the height of arrogance to assume they can keep pressing buttons and turning policy on and off while remaining in control of the situation That is not how this works.
-
@buccocapital
@buccocapital
on x
Stocks down. 10yr bond yields up. Dollar down. Gold up. Art of the Deal
-
@divestech
Dan Ives
on x
This is the issue..@levie 🏆🔥👇💯💯
-
@buccocapital
@buccocapital
on x
I can't stop laughing [image]
-
@danprimack
Dan Primack
on x
Stock markets are acting like crypto markets
-
@howardlutnick
Howard Lutnick
on x
The Golden Age is coming. We are committed to protecting our interests, engaging in global negotiations and exploding our economy.
-
@mikeisaac
Rat King
on x
145 percent lol tech earnings are in three weeks and i will bet you a dollar every company pulls their full year guidance [image]
-
@teroterotero
Tero Kuittinen
on x
Anyway, S&P goes up 9% only in bear markets. Years like 1929 and 1933 and 2008. Because 9% bounces are a symptom of a disease.
-
@levie
Aaron Levie
on x
Sadly people got too excited yesterday about a “tariff pause” that actually had tariffs at a higher amount than they were at the start of this process. Now with China at 145% we're just back to where we started. We need to move on from this craziness and let businesses operate.
-
@patrickmcgee_
Patrick McGee
on x
Can @tim_cook save @Apple from Being Crushed by Trump? My essay in the @nytimes today, on the biggest threat to Apple since Steve Jobs returned to the company in 1997. https://www.nytimes.com/... [image]
-
r/NewsOfTheStupid
r
on reddit
Trump trade advisor says stock market plunge ‘No big deal’
-
r/moderatepolitics
r
on reddit
U.S. tariffs on China reach 145% in latest escalation, de minimis exception ending.
-
@bloomberg.com
@bloomberg.com
on bluesky
Trump's dream of US-made iPhones would be a win for his political agenda. For Apple, it's a near-impossible challenge
-
@markgurman
Mark Gurman
on threads
Why Trump's Dream of Made-in-the-USA iPhones Isn't Going to Happen https://www.bloomberg.com/...
-
r/apple
r
on reddit
Why Trump's Dream of Made-in-the-USA iPhones Isn't Going to Happen