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U.S. Treasury Secretary presses Spain on defense spending and digital tax affecting U.S. tech firms.
U.S. Treasury Secretary Scott Bessent pressed Spain to boost defense spending to meet NATO targets and to drop a tax on digital services that affects U.S. tech firms.
Spain's Economy Minister Carlos Cuerpo described the meeting as constructive, but the U.S. focused on the need to increase military spending and eliminate the so-called "Google tax."
Spain aims to balance relations with the U.S. while also improving ties with China.
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El Secretario del Tesoro de EE.UU. presiona a España sobre el gasto en defensa y el impuesto digital que afecta a las empresas tecnológicas de EE.UU.