- The European Commission said the EU and its member states have the sovereign right to regulate economic activity.
- It defended digital taxes as non-discriminatory and applicable to all large companies, regardless of origin.
- The bloc said it would respond quickly to any unjustified unilateral U.S. measures.
- The EU remains open to a global solution consistent with G7 agreements.
Source: channelnewsasia.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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