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What ridiculous laws do you mean? GDPR? Or monopoly abuse fines? Do you think US businesses should be able to run under US law in the EU, meaning they can do wh
by Maarten88 8y ago
What ridiculous laws do you mean? GDPR? Or monopoly abuse fines? Do you think US businesses should be able to run under US law in the EU, meaning they can do whatever they want to consumers, monopolizing markets by violating local laws, taking in huge profits, and then hardly paying corporate taxes (neither in EU nor US)?
None of that has anything to do with these tariffs, btw.
- marcrosoft 8y agoDo you think the EU should be able to enforce a law on a global scale and completely ignore country jurisdiction like they attempt to do with GDPR?
- angott 8y agoThe US has forever been ignoring jurisdiction boundaries just like that. Ever heard of FATCA? Banks anywhere in the world need to report US-resident account holders to the IRS.
- CaptainZapp 8y agoWhich is the reason, why you may have a very hard time to open a bank account abroad, when you're a US citizen. Banks just don't want to deal with that shit, if they can avoid it.
- Maarten88 8y agoThey enforce it only on businesses targeting EU residents. What do you think the US does when I start a business here, say a webshop selling legally allowed recreational drugs, also targeting US consumers?
- ummonk 8y agoYou mean like the US does to Huawei?
- belltaco 8y agoHuh, haven't you heard of offshore sports betting site owners getting arrested? Also, remember kimdotcom?
- ionised 8y agoWhy not? The US does it all the time.