November 6, 2018 / 7:59 AM / 7 days ago

Denmark says EU digital tax plan will trigger U.S. retaliation

BRUSSELS (Reuters) - Denmark’s Finance Minister Kristian Jensen said on Tuesday a European Union plan to impose a 3 percent tax on the turnover of digital giants was a bad idea that would trigger retaliation from the United States.

“Of course there will be a reaction from the U.S.,” Jensen told reporters on the sidelines of a meeting of EU finance ministers which will discuss the issue.

Reporting by Francesco Guarascio; Editing by Andrew Heavens

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