Quotes
We do consider them to be a tax or a tariff on U.S. companies,
Kaplan said when asked whether he agreed with other similar recent assessments of the EU’s tech fines
European regulators have sort of measured success based on the number and size of fines that they’ve been able to assess against U.S. tech companies,
he saidI have no idea what to make of the [Trump] statement, other than we could have all done without it,
he said, ... per the FT
One thing I’m sure of is that under all circumstances, [tariffs] are going to be inflationary,
he saidI think there will be a lot of pressure put on the UK on this particular issue.”
John Denton at the International Chamber of Commerce said
The sense that US-based businesses, particularly the so-called tech bros, are being targeted specifically is something that he’s seemingly not willing to accept.”
The director general of the Institute of Export and International Trade, addedClearly, the UK has got to make some decisions about its competitive position with regards to American tech and the EU as well.”
Mr Farage explainedThe Trump administration will indeed take sanctions against countries that have enacted DSTs.”
A former director of the OECD’s centre for tax policy also warnedIn the discussions that I have had with President Trump, that is what we have centered on, a strong trading relationship. So it is very early days."
Starmer said on Sunday, according to The Associated Press
We've had a couple of meetings. We've had numerous phone calls. We're getting along very well."
He saidTariffs are the last thing the UK needs, given our fragile economic position and dismal levels of business confidence.”
Roger Barker, head of policy at the Institute of Directors, saidIt’s clear that the UK is in a tricky position as it steers between the world’s three great economic powers – the US, the EU and China. Move closer to Brussels or Beijing, and the UK could incur Washington’s wrath. But follow America’s line, and the UK may find itself unable to do deals with Europe or China.”
He addedThe actions taken by the White House split us apart instead of bringing us together,
he added, encouraging Canadian citizens to "choose Canadian products and services rather than American ones".They don't take our cars, they don't take our farm products, they take almost nothing, and we take everything from them. Millions of cars, tremendous amounts of food and farm products,
he commented as he arrived in Maryland
By raising military spending and ramping up liquid natural gas imports from the U.S., the EU will be able to avoid an escalating trade-war spiral with the U.S. If so, the trade tensions will restrain but not prevent a gradual firming of European growth from spring onwards after hardly any growth during the winter,
Schmieding said in emailed comments MondayAcross-the-board tariff measures raise business costs, harm workers and consumers. Tariffs create unnecessary economic disruption and drive inflation. They are hurtful to all sides,
a Commission spokesperson said in a statementWe have a fair and balanced trading relationship which benefits both sides of the Atlantic,
On Monday, a British government spokesperson said ... in comments reported by ReutersIt might happen with that, but it will definitely happen with the European Union. I can tell you that, because they’ve really taken advantage, you know, we have over $300 billion deficit.”
Responding to a question on whether he plans to slap tariffs on products coming from the U.K., Trump pivoted to hammering BrusselsThe U.K. is out of line but … I think that one can be worked out. But the European Union, it’s an atrocity what they’ve done, ... So the U.K. is way out of line … but European Union is really out of line.”
Trump said ... then addedI wouldn't say there's a timeline, but it's going to be pretty soon."
He did not provide a timeline for announcing tariffs on the European bloc, he said