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In this video, we’ll discuss the EU’s new plan to quietly tax US Big Tech – and whether it could work.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Sources:

The EU’s plan to capture US Big Tech revenue
https://www.ft.com/content/ad06ed89-f600-4694-8c95-7d53b6d3315b?syn-25a6b1a6=1
https://www.reuters.com/business/retail-consumer/brussels-looks-capture-big-tech-through-tax-large-corporations-ft-reports-2026-10-07/

EU rejects France’s calls for an EU-wide digital services tax
https://www.ft.com/content/e5a76494-71df-4ee0-a85f-b28f2c94ded6?syn-25a6b1a6=1
https://www.vatcalc.com/global/eu-holds-back-on-digital-services-tax-as-us-raises-retaliation-threat/

EU’s proposed CORE mechanism
https://blogs.lse.ac.uk/europpblog/2025/08/28/the-commissions-foray-into-corporate-taxation-a-core-problem-for-the-eu-budget/
https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/eu-budget-2028-2034_en#driving-prosperity-via-competitiveness-research-and-innovation

US exempted from Pillar 2 of OECD’s global minimum corporate tax agreement
https://youtu.be/85voZ2FJhZk?si=6jVOHTB5CBTKvigd
https://www.theguardian.com/business/2026/jan/06/us-exemption-oecd-global-tax-deal-multinational-companies
https://www.theguardian.com/business/2021/oct/08/oecd-deal-imposes-global-minimum-corporate-tax-of-15

G7 statement on global minimum tax
https://www.canada.ca/en/department-finance/news/2025/06/g7-statement-on-global-minimum-taxes.html
https://www.ey.com/en_gl/technical/tax-alerts/canada-g7-releases-statement-on-global-minimum-tax-pillar-two-and-canada-rescinds-digital-services-tax

European Digital Services Taxes (DSTs)
https://taxfoundation.org/data/all/eu/digital-services-taxes-europe/
https://taxfoundation.org/testimony/pillar-one-digital-services-taxes/
https://www.reuters.com/en/germany-seeks-levy-10-tax-online-platforms-like-google-2025-05-29/

Accusations of tax avoidance by Silicon Valley tech companies
https://www.theguardian.com/us-news/2025/apr/15/silicon-six-accused-of-avoiding-almost-278bn-in-us-corporation-taxes-over-10-years
https://itep.org/trump-meta-tesla-alphabet-amazon-obbba-taxes/
https://itep.org/amazon-alphabet-meta-tesla-pro-trump-tech-companies-avoided-taxes/

0:00 The EU’s Sneaky Plan to Tax US Big Tech Explained
7:36 Sponsor

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In this video, we will investigate how Russia uses bots for its influence campaigns, how the recent strikes may have affected Russian bots and what this could mean for Russia.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

0:00 Has Ukraine De-Russified the Internet?
7:41 Sponsor

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In this video, we’re going to explain why the Trump-Putin diesel deal is probably illegal; whether it’ll get struck down; and why – either way – it’s a pretty rubbish deal anyway, even from Trump’s perspective.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Sources
Diesel prices/components
https://tradingeconomics.com/united-states/us-diesel-sales-price-$-per-gallon-w-na-fed-data.html
https://tradingeconomics.com/commodity/brent-crude-oil
https://www.ft.com/content/f117f347-e1e0-457c-83fc-ba4745581bb2?syn-25a6b1a6=1

Fuel vs Dem congressional ballot
https://www.economist.com/graphic-detail/2026/09/17/high-petrol-prices-could-hand-democrats-a-mighty-midterm-victory

Trump Truth Social posts
https://truthsocial.com/@realDonaldTrump/posts/117412435306815143
https://truthsocial.com/@realDonaldTrump/posts/117422699218841250

Zelenskyy comments
https://www.axios.com/2026/10/09/exclusive-zelensky-putin-trump-diesel-deal
https://thehill.com/policy/international/6141601-russia-strikes-ukraine-power-plant/

Laws
https://thehill.com/homenews/house/6140830-fitzpatrick-bill-block-russian-oil/
https://www.congress.gov/bill/117th-congress/house-bill/6968
https://ofac.treasury.gov/sanctions-programs-and-country-information/countering-americas-adversaries-through-sanctions-act-related-sanctions
https://www.congress.gov/bill/119th-congress/senate-bill/5025

Reports that Russia lacks refining capacity
https://www.aljazeera.com/news/2026/10/10/why-is-us-turning-to-russia-for-diesel-despite-sanctions

0:00 Why the Trump-Putin Diesel Deal is Already Falling Apart
7:11 Sponsor

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Want to restore the planet’s ecosystems and see your impact in monthly videos? The first 100 people to join Planet Wild with my code NEWSEU10 will get the first month free on me: https://planetwild.com/r/tldrnewseu/join/10
If you want to get to know them better first, check out their mission bringing wildlife back to Bristol: https://planetwild.com/r/tldrnewseu/m43/10

Last month, Ursula von der Leyen announced the formation of a European Security Council that would help to coordinate a response and strategy against hybrid attacks. In this video, we’re taking a look at how this could look like and the hurdles standing in the way.

Von der Leyen’s New Plan for European Independence Explained: https://www.youtube.com/watch?v=ec_4Un6JrAY

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Sources:
https://ec.europa.eu/commission/presscorner/detail/ov/SPEECH_26_1868
https://sieps.se/en/publications/2026/forging-european-strategic-unity-the-case-for-a-european-security-council/
https://www.martenscentre.eu/wp-content/uploads/2020/06/european-security-council-blueprint.pdf
https://www.politico.eu/article/donald-trump-greenland-crisis-revives-calls-for-european-security-council/
https://www.chathamhouse.org/2020/07/future-e3/origins-and-development-e3
https://www.nato.int/en/what-we-do/introduction-to-nato/the-consultation-process-and-article-4
https://www.iss.europa.eu/publications/commentary/european-security-council-between-strategic-need-and-institutional
https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/757822/EPRS_BRI(2024)757822_EN.pdf

00:00 – Introduction
01:52 – Historic Attempts
03:49 – The Alternatives
08:01 – Planet Wild

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Want to restore the planet’s ecosystems and see your impact in monthly videos? The first 100 people to join Planet Wild with my code NEWSEU10 will get the first month free on me: https://planetwild.com/r/tldrnewseu/join/10
If you want to get to know them better first, check out their mission bringing wildlife back to Bristol: https://planetwild.com/r/tldrnewseu/m43/10

As protests take over the streets of dozens of Spanish cities, we explain what caused the country’s housing crisis, how it eventually toppled Sánchez’s government, and what might happen in November.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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