UK insists US tech deal not dead as Trump threatens penalties against European firms

The Guardian - World NewsEN 2 min read 100% complete by Sanya MansoorDecember 17, 2025 at 12:20 AM

AI Summary

medium article 2 min

Downing Street maintains that the $40 billion Tech Prosperity Deal between the UK and US, which is currently on hold, is not permanently stalled, despite US concerns over trade barriers like digital services taxes and food safety regulations. The UK government states it remains in active discussions with the US and hopes to resume work on the partnership soon. This development occurs as the US is also threatening economic penalties against European tech firms, accusing the EU of discriminatory actions against US services. The US Trade Representative's office singled out companies like Accenture, DHL, Spotify, and Siemens, warning of potential fees and restrictions if the EU doesn't roll back its policies. The European Commission responded by stating that its rules apply equally to all companies operating in the region.

Key Entities & Roles

Key Player Opposition Context

Siemens 40% Accenture 40% DHL 40% Spotify 40% United States ×350% European Union ×260% United Kingdom ×370% Donald Trump ×280%

Keywords

us-uk tech deal 90% digital services tax 70% trade barriers 70% discriminatory actions 60% trade relations 60% economic penalties 60% us trade representative 50% european commission 40%