Disagreements with U.S. President Donald Trump could drive Europe to step up levies on companies like Google and Facebook, a lawmaker told CNBC.
France, Austria and Italy are among the European countries that have implemented taxes on tech companies at a national level, but there's been a failure at the European Union level to agree on a joint levy.
France, Austria and Italy are among the European countries that have implemented taxes on the tech companies at a national level, but there's been a failure at the European Union level to agree on a joint levy. The EU and the United States have clashed over trade, defense, foreign policy and much more since Trump's arrival in the Oval Office.
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