The European Union can negotiate on reciprocal tariffs with the United States but will not give up its right to regulate in areas such as taxation and digital platforms, the chair of the European Parliament’s trade committee said on Friday. U.S. President Donald Trump has tasked his economics team with devising plans for reciprocal tariffs on every country that imposes tariffs on U.S. imports, also targeting value-added taxes or digital services taxes on U.S. companies. Bernd Lange, a German Social Democrat, said the European Union and the United States could realistically negotiate on import tariff rates.Read More
EU open to tariff talks, but firm on own laws, says senior legislator
