4 ms·
Anti-US measures, as in… investigating anti-competitive business practices? You're saying this as if the EU is just doing this for the hell of it. That's frank
by sham1 2y ago
Anti-US measures, as in… investigating anti-competitive business practices?
You're saying this as if the EU is just doing this for the hell of it. That's frankly just silly. And yes, I would expect that if an European company would be guilty of anti-competetive practices over there in the US, that the company would get repercussions.
And, well, if Trump wants to challenge us in a trade war again, be our guest. It probably won't go any better than last time.
- tiahura 2y agoI know the enlightened conventional wisdom is that the trade war between the U.S. and Europe was a push, but I’d argue the U.S. actually came out ahead. Trump’s tariffs forced the EU to confront trade imbalances, especially around autos, and secured concessions on agricultural and energy imports, with the EU agreeing to buy more U.S. soybeans and liquefied natural gas. The U.S. also won a major WTO ruling on Airbus subsidies, allowing for tariffs on $7.5 billion of European goods, which put significant pressure on EU industries. Additionally, by pushing back on Europe’s digital services tax, the U.S. defended its tech sector and compelled the EU to negotiate at the OECD. Altogether, Trump’s approach didn’t just expose EU dependence on the U.S. market but also reset the tone, signaling that the U.S. would take a much tougher line on trade going forward—arguably positioning America for longer-term advantages.
- benoau 2y agoThe US identified much of the same issues, and even wrote similar laws to curb them although they became stalled in bureaucracy. https://www.vox.com/recode/2020/10/6/21505027/congress-big-tech-antitrust-report-facebook-google-amazon-apple-mark-zuckerberg-jeff-bezos-tim-cook https://www.vox.com/recode/2020/10/6/21505027/congress-big-t...