EU MLA as PayPal Sher Slide is more likely to be a new fee amid trade tensions

Paul’s stocks fell 4% on Friday, since the comments of the European Union MLA have raised concerns that the US-Europe’s trade tensions and potential tariffs could go forward.

Global markets are unsettled in the uncertainty of tariffs and increasing trade actions, which causes instability, supply chain begins to strain and transfer the spirit of investors to the industry.

Earlier this week, US President Donald Trump said that big tariffs can be placed on the European Union and Canada if they both work together to “cause economic harm to the USA”.

“In the case of digital service providers, there is also a huge economic interest by US companies,” said Bird Lang, head of the European Parliament International Trade Committee. “In this regard, you can also see a fee charging on PayPal or Google.”

If imposed, the steps will create a new challenge to the payment area, which is usually protected from tariffs because it is not dependent on the trade of physical goods.

Separate on Friday, a German government spokesman also said that there was nothing “outside the table” in terms of punitive action in response to the US tariff threat.

Papal refused to comment on the matter.