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EU could charge fees on PayPal in U.S. tariff dispute

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The European Union could charge fees on PayPal  as part of a tariff dispute with the United States, a senior European lawmaker said on Friday.

Bernd Lange, the head of the European Parliament’s international trade committee, was speaking to journalists in Berlin.

A German government spokesperson said on Friday that “nothing is off the table” with regards to punitive measures in response to the threat of U.S. tariffs.

Asked whether countermeasures could target U.S. tech companies, the spokesperson said “at the moment, nothing is off the table, but instead everything is being looked at.”

“Decisions must be made jointly and in consideration of the costs and benefits within the European Union and under the leadership of the European Commission – this process is under way,” he added.

Source:  Reuters

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