Bessent Cites Digital Services Tax as Sticking Point in EU Talks
Scott Bessent speaks during a news conference at the White House in Washington, DC, on April 29.
Photographer: Yuri Gripas/Abaca/BloombergThis article is for subscribers only.
Treasury Secretary Scott Bessent said the European Union has some “internal matters” to sort out before the bloc can enter into trade negotiations with the US, singling out a tax on digital services levied by some countries.
“We’re negotiating with a lot of different interests,” Bessent said Tuesday during a briefing at the White House. “Some of the European countries have put on an unfair digital service tax” on the US, he said.