EU Big Tech tax hike faces opposition not just from US, but at home too

The European Union is considering a tax increase on Big Tech that it weirdly believes will avoid a US backlash, but on top of that, some EU members are already against it. The EU is looking for tax income for its 2028-2034 budget from US Big Tech - image credit: EU Back in July 2025 , the European Union dropped its plans for a tax on Big Tech firms, seemingly as part of a move to appease Trump during trade negotiations. Now according to the Financial Times , the EU has a new plan that would rais