tradingkey.logo

EU tech rules are costing them big time, U.S. commerce secretary says

ReutersDec 3, 2025 3:24 PM

- U.S. Commerce Secretary Howard Lutnick said on Wednesday the European Union's rules for technology companies are hurting the economic bloc.

"I think their technology rules are costing them big time," Lutnick said in an interview with CNBC.

Lutnick said last week the European Union should make its regulation of the tech sector more "balanced" in exchange for a reduction of U.S. tariffs on steel and aluminium imports from the bloc.


Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI