EconomyLens.com
No Result
View All Result
Wednesday, October 1, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

EU claims ‘sovereign right’ to regulate tech after Trump threat

Andrew Murphy by Andrew Murphy
August 26, 2025
in Other
Reading Time: 5 mins read
A A
0
25
SHARES
317
VIEWS
Share on FacebookShare on Twitter

The EU has already slapped heavy fines on US behemoths including Meta and Apple under its new digital rules. ©AFP

Brussels (Belgium) (AFP) – The European Commission Tuesday asserted the “sovereign right” to regulate the activities of tech giants within the bloc and rejected claims by President Donald Trump that its rules unfairly harm US firms.Brussels has adopted a powerful legal arsenal aimed at reining in tech giants, particularly through the Digital Markets Act (DMA) covering competition and Digital Services Act (DSA) on content moderation.Without explicitly naming the EU, Trump threatened on Monday to impose fresh tariffs on countries with regulations that sought to “harm” American technology, just days after both sides released details of a hard-fought transatlantic trade deal.”It is the sovereign right of the EU and its member states to regulate economic activities on our territory,” European Commission chief spokesperson Paula Pinho told reporters in response.The EU has already slapped heavy fines on US behemoths including Meta and Apple under its new digital rules, which have faced months of pushback from Trump’s administration.EU tech spokesman Thomas Regnier said the bloc could “firmly rebut” the idea pushed by Trump that its rules targeted US companies.”The DSA does not look at the colour of a company, at the jurisdiction of a company,” Regnier said — noting that the last three enforcement decisions under the law had been against China’s AliExpress and TikTok, and Chinese-founded Temu.Aimed at protecting consumers from disinformation and hate speech as well as counterfeit or dangerous goods, the DSA obliges platforms to swiftly remove illegal content or make it inaccessible.Among its provisions, the law instructs platforms to suspend users who frequently share illegal content such as hate speech — something framed as “censorship” by detractors from Meta CEO Mark Zuckerberg to the US State Department.”The claims that the DSA is a censorship tool are completely wrong and completely unfounded,” Regnier said.”We’re not asking platforms to remove content.We’re asking them to enforce their own terms and conditions.”- ‘Speculative’ -Trump’s latest threat comes after the United States and the EU finally released details of the trade deal struck between the US leader and European Commission President Ursula von der Leyen in July to end a months-long transatlantic standoff.A joint statement issued last Thursday confirmed that the deal imposes a 15-percent US levy on most EU exports, including cars, pharmaceuticals, semiconductors and lumber, but negotiations are not over and some moving parts remain.The bloc’s trade chief Maros Sefcovic insisted last week that Brussels successfully kept digital issues “out of the trade negotiations” with Washington — and that the bloc’s “regulatory autonomy” was not up for debate.The commission’s Pinho stood by those comments, saying Trump’s latest threat would not derail work on implementing the agreement.”We have a clear framework on which we are working,” she said, adding: “any other measures which fall out of the scope of this framework agreement at this stage are merely speculative.”

© 2024 AFP

Related

Thousands protest in Greece over 13-hour workday plans

Gold hits record, Wall St futures drop as US shutdown begins

Taiwan says ‘will not agree’ to making 50% of its chips in US

India ready to rev up chipmaking, industry pioneer says

South Korea posts record semiconductor exports in September

Tags: Digital Markets ActDigital Services Actregulation
Share10Tweet6Share2Pin2Send
Previous Post

Stocks drop on France turmoil, Trump’s Fed firing

Next Post

Fed Governor Cook says Trump has no authority to fire her

Andrew Murphy

Andrew Murphy

Related Posts

Other

Stars align for Louis Vuitton, Stella McCartney at Paris Fashion Week

October 1, 2025
Other

Trump announces Pfizer deal he says will lower certain drug prices

September 30, 2025
Other

Board of Spain’s Sabadell bank rejects improved BBVA takeover bid

September 30, 2025
Other

US stocks slip as government shutdown looms

September 30, 2025
Other

Slips, salt and stripes: key looks from Milan fashion week

September 30, 2025
Other

Stock markets shrug off US government shutdown fears

October 1, 2025
Next Post

Fed Governor Cook says Trump has no authority to fire her

French political turmoil sends European stocks sliding

Trump joins backlash against US restaurant Cracker Barrel

Trump moves to fire Fed governor, escalating effort to control central bank

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Spanish court opens 550-mn-euro Meta data protection trial

October 1, 2025

Gold hits record, Wall St futures drop as US shutdown begins

October 1, 2025

Taiwan says ‘will not agree’ to making 50% of its chips in US

September 30, 2025

Asian stocks mixed, Wall St futures drop as US heads for shutdown

September 30, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.