The FT is reporting:
- Germany is reportedly buying a 10% digital tax on global tech giants like Meta and Google.
- German Chancellor Merz’s coalition agreed to evaluate a tax on Internet platforms in its treaty signed in early May.
- The proceeds would be used to strengthen the country’s media landscape.
Is that a tariff on a US business?
This article was written by Greg Michalowski at www.forexlive.com.
