6 ms·
I'll admit that I don't know a whole lot about global supply chains for tech mastodons, but seeing how this isn't going to be an European thing, wouldn't this l
by devjab 3y ago
I'll admit that I don't know a whole lot about global supply chains for tech mastodons, but seeing how this isn't going to be an European thing, wouldn't this lead to companies like Apple being forced to create a trans pacific and a European iPhone? If so, then I wonder how the benefit realization of this whole thing pans out compared to simply complying with legislation demanding more openness. Even if that made sense, or some of these tech giants simply decided to cut their losses and say good buy to the Euro sector, how long do they really expect these trade deals to last when they try to side step the US democracy as hinted by:
> With IPEF, even Congress has been shut out of negotiations, which limits accountability and transparency.
Maybe I'm alone in thinking this, but I doubt that it'll work out well in the long term. The EU has been very strong on enforcing consumer rights, but a lot of the benefits we get here in the EU seem to catch on in the US eventually, and then what will these deals really accomplish? Are those 5-15 years of monopoly really worth all the fighting? And perhaps more importantly, is it really worth more than being a "first mover" on building a more consumer friendly platform?
- TheLoafOfBread 3y ago>Even if that made sense, or some of these tech giants simply decided to cut their losses and say good buy to the Euro sector I think it would be short-sighted decision. Currently European tech scene isn't great, because it is hard to compete with US companies awash of VC money or who are highly profitable and entrenched in the EU market. But if those giants would voluntarily clear positions, competition would have arise and could threaten the giants in the long run - i.e. by offering privacy thanks to coming from EU, where GDPR non-compliance is very expensive. This is similar situation to why USA has such huge military presence in Europe in general. Sure it is expensive and Europeans are sometimes ungrateful, but if they would have left, then in the long run EU would likely got its own unified army and become serious geopolitical competitor on level of China, even if ideologically aligned with USA.
- surgical_fire 3y ago> Europeans are sometimes ungrateful Why exactly Europeans should be grateful? US presence in Europe is something done to serve US purposes. Let's not pretend it sets up military bases abroad out of the goodness of their hearts, to protect the world or any such bullshit.
- soco 3y agoThere's an entire world outside USA and EU and for EU it's way cheaper (and simpler) to have the US dealing with that - an approach having its plusses and minuses of course, like any compromise.
- malermeister 3y agoYes, but "grateful" implies a favor being done. It's just self-interest on both sides, Europe doesn't have to be grateful any more than the US has to be grateful to the Europeans for allowing bases on their territory.
- ROTMetro 3y agoI can't wait until Europe pays for it's own defense. I love that Europeans kept empires as long as it was profitable and then just ran away and left America to deal with the issues/conflict borders they created and then have the nerve to criticize the USAs trying to keep the world going, yet Europeans don't even have the morals to ban their corporations from using bribes/kickbacks to get overseas contracts (instead they get to deduct that expense from their taxes).
- surgical_fire 3y agoIf it's such an inconvenience for the US to extend their military to beyond their borders, why do they keep doing so? They should just stop doing that if it's such a trouble. Of course, we know they won't, because it serves US purposes. You are just too dense to either see or admit that. Keep pretending that the US is some sort of self-sacrificing entity, just to protect some ungrateful Europeans Across the pond.