EU says loosening tech rules 'not up for negotiation' in trade talks with US
NeutralFinancial Markets

- The European Union's antitrust chief, Teresa Ribera, has firmly stated that there will be no negotiations regarding the loosening of technology regulations during ongoing trade talks with the United States. This declaration follows comments from US Commerce Secretary Howard Lutnick, who suggested that easing tech rules could be linked to reductions in US tariffs.
- This development is significant as it underscores the EU's commitment to maintaining stringent regulations on technology companies, which may impact trade relations and negotiations with the US, particularly in the context of tariffs and digital regulations.
- The situation reflects ongoing tensions between the EU and the US over digital policy and trade practices, with the EU facing criticism for any perceived relaxation of its regulatory stance. Additionally, the EU's recent initiatives, such as establishing a central authority for critical minerals procurement, highlight its strategic focus on multilateral cooperation and resource management amid global economic challenges.
— via World Pulse Now AI Editorial System







