COINOTAG News, April 11th – In a recent statement reported by the Financial Times, Ursula von der Leyen, the President of the European Commission, indicated that the European Union is prepared to introduce taxes on significant U.S. tech entities if trade negotiations with former President Trump do not yield positive results. This potential move underscores the EU’s ongoing commitment to regulate big tech, aiming to level the playing field for local businesses and address concerns regarding market dominance. Analysts believe that such fiscal measures could impact the global tech landscape, especially for major players who rely heavily on European markets. The dialogue surrounding these trade talks remains crucial, as any resolution could dictate the future economic relations between the U.S. and Europe, further influencing the volatile crypto markets and overall investor sentiment.
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