US-EU Digital Tax Threat, Venezuela Tanker Blockade, Kushner's Balkan Dreams
Bloomberg Daybreak: Europe Edition17 Des 2025

US-EU Digital Tax Threat, Venezuela Tanker Blockade, Kushner's Balkan Dreams

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent companies, including Accenture, Siemens and Spotify Technology , as possible targets for new restrictions or fees.

(2) President Donald Trump said he was ordering a blockade of sanctioned oil tankers going into and leaving Venezuela, ratcheting up pressure on Caracas amid a US military buildup in the region and the threat of land strikes.

(3) French President Emmanuel Macron said in a Financial Times op-ed that placing tariffs and quotas on Chinese imports would be “an uncooperative answer” to address its trade imbalance with the European Union.

(4) The UK’s Labour government passed a workers’ rights package that expands protections for employees and achieves a key policy goal of the party’s left.

(5) OpenAI is in initial discussions to raise at least $10 billion from Amazon.com Inc. and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia.

(6) Jared Kushner’s splashy projects in the Balkans are colliding with the realities of doing business in the region.

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