4 ms·
> "why do we keep giving money to US companies?" What is a US company, and what is the disadvantage for UK people that money is paid to a US company rather tha
by linuxftw 2y ago
> "why do we keep giving money to US companies?"
What is a US company, and what is the disadvantage for UK people that money is paid to a US company rather than a UK company?
Are you arguing for protectionist tariffs to support local wages?
- ndsipa_pomu 2y agoAs a UK citizen, my concerns are that U.S. companies are difficult to trust with PII data as they're not really covered by a sane equivalent of GDPR that I know of. If they do break UK law about how they treat our data, then there's a good chance that the U.S. administration may step in and tell the UK to get lost and start imposing punitive measures against us. There's a remarkable lack of trust over here now with regards to U.S. companies.
- robertlagrant 2y agoThis is a bit of recency bias, I think. Privacy Shield, the regulation governing US<->EU (and then, UK) data transfer, was struck down in 2020. Its replacement is on the table between US<->EU, and, hilariously, here is Nick Clegg (yes, that Nick Clegg) from Meta talking about it: > the deal “will provide invaluable certainty for American & European companies of all sizes, including Meta, who rely on transferring data quickly and safely.” I don't know of any news for US<->UK data agreements, but I haven't been keeping track.