BIG PICTURE
America ’ s 25 % trade tariff
USA
In response to what ’ s been referred to as the ‘ Google tax ’— EU ’ s decision to apply taxes to digital services and e-commerce giants such as Facebook , Amazon , and Google — the US announced and suspended a 25 % trade tariff on goods from three European countries , as well as the United Kingdom , Turkey and India . The measure was suspended to allow for international negotiations to proceed .
8 July 2021