Europe's Tech Giant Counterstrike: Germany's Response to US Tariffs

Germany considers various retaliatory measures against the U.S. following President Trump's announcement of a 25% tariff on imported vehicles. EU officials are exploring options, including targeting U.S. tech giants like PayPal and Google, while hoping to reach a diplomatic resolution with Washington to avoid a trade war.

The German government has declared that "nothing is off the table" regarding potential retaliatory measures in response to the U.S. imposing a 25% tariff on vehicle imports, a move announced by President Donald Trump that could heavily impact Germany's automotive industry.

Under the guidance of the European Commission, EU decisions must weigh the costs and benefits. Officials aim to ease the tension with the U.S. and are working towards reaching an agreement to prevent a trade conflict.

Meanwhile, EU lawmakers suggest possible counteractions, including charges on U.S. tech companies like PayPal and Google, if diplomatic efforts with Washington fail, maintaining that service providers are potential targets under certain conditions.

(With inputs from agencies.)