RE: EU Declaring US Tax changes "Illegal"??? I didn't realize we were part of and subservient to the EU. Hey EU... get your own house in order and keep your nose out of ours!!

[theblindsquirl]

Turnabout is fair play.

If the US can fine BNP Paribas for trading with countries the US doesn't like, why not?

Comments

[dwinblood]

They can't fine them anything. They can refuse to do deals with them. They can't fine ANYONE that isn't inside the U.S. Well, I suppose they can but it is meaningless.

The EU could say "We are going to add a tax or tarriff on U.S. product X, or increase the price of product X when it goes to the U.S." and that IS within their domain.

That is very different from claiming a U.S. setting its own tax policies is illegal.