Forget Tariffs, The Trump Administration Must Rein In The EU [Forbes]
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Source: Forbes
Worthington's comments were made to the New York Times They're very telling. And they're a reminder of the extraordinary importance of the U.S. market to producers outside the U.S. Just as New York City has long been seen as the “final test” (quoting Ken Auletta) for Americans eager to make their professional mark, it's plain that the United States has similar qualities for those producing outside the U.S. It's essential that the Trump administration keep the above in mind not with tariffs as the proverbial cost of doing business stateside, but in consideration of regulation endured by U.S. commercial entities overseas. Getting more specific, the EU's Corporate Sustainability Due Diligence Directive (CS3D) and Corporate Sustainability Reporting Directive (CSRD) presently exist as substantial taxes levied on U.S. corporations for having the temerity to meet and lead the needs of customers in European markets. It unearths a paradox found in the comment by Worthington. The U.S. is
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