EU tech rules hurting the bloc, says Lutnick

Published 03/12/2025, 16:28
EU tech rules hurting the bloc, says Lutnick

Investing.com -- U.S. Commerce Secretary Howard Lutnick criticized the European Union’s technology regulations on Wednesday, stating they are economically damaging to the bloc.

"I think their technology rules are costing them big time," Lutnick said during an interview with CNBC.

This statement follows Lutnick’s comments from last week, when he suggested the European Union should adopt more "balanced" regulation of the technology sector. In exchange, he proposed the United States could reduce tariffs on steel and aluminum imports from the EU.

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