Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Austria proposes that the EU targets Republican states and tech firms in response to US tariffs, aiming to prompt negotiations.
VIENNA (Reuters) - The European Union's countermeasures in response to U.S. President Donald Trump's universal tariffs should target Republican-led states and tech firms so as to force him to the negotiating table, Austria's economy minister said on Thursday.
"We have to hit Republican states and we have to hit Donald Trump's friends, the tech companies," Wolfgang Hattmannsdorfer, a conservative, told a news conference, adding that the EU would have to discuss digital taxation and regulation.
(Reporting by Francois Murphy; Editing by Alison Williams)
The article discusses Austria's proposal for the EU to target Republican-led US states and tech firms in response to US tariffs.
Targeting Republican states is seen as a strategy to pressure the US administration into negotiations.
Tech firms are identified as influential entities that could be targeted to apply pressure on the US government.
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