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U.S. tariffs over digital taxes is not good news, Spain’s Minister says | Reuters

The new tariffs set by the United States on some Spanish imports yet suspended over Spain’s new digital service taxes is not a good news, Economy Minister Nadia Calvino said on Thursday.

“Obviously it is not good news, but it is positive (the U.S.) said it suspended the enforcement,” she said.

The United States on Wednesday announced 25% tariffs on over $2 billion worth of imports from six countries, including Spain, over their digital services taxes, but immediately suspended the duties to allow time for international tax negotiations to continue. (Reporting by Emma Pinedo, editing by Inti Landauro)

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