Germany Pushes for Caution on EU Tariff Retaliation ...Middle East

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Germany Pushes for Caution on EU Tariff Retaliation

The current situation regarding tariffs is fluctuating, to say the least. There are concerns over future action, despite the recent news of a 90-day pause on non-retaliatory entities and a reduction of tariffs set on entities like the EU. These concerns come from the fact that the European Commission is planning retaliatory measures should talks fail, including a possible tax on digital advertising revenues. In response, Germany is pushing for caution on such a move. As reported by the Financial Times, German finance minister Jörg Kukies stated: "There are products where the ability to substitute from other services and other […]

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