5 ms·
try it. The problem will be the european Anti-Coercion Instrument (ACI), which then will be activated. I wouldn't risk it, as the instrument gives the EU the to
by theGeatZhopa 2y ago
try it. The problem will be the european Anti-Coercion Instrument (ACI), which then will be activated. I wouldn't risk it, as the instrument gives the EU the tools to completely stop economic trade with countries or entities using economic force. So, meta might be the first to be banned in EU, because its not neccessary for a living. Facebook isn't important. Instagram and Whatsapp are somehow, but patriotic thinking will make it easy to abandon themm, too. That however does not apply to GOOG or MSFT.
Further the new MEGA thinking may force something like "enough. If you want, you can come to EU and build your bases here. No data is to be sent to US. Otherwise, 25% taxes on earnings within the EU and no personalisation of ads any more."
So this might fire backward. As the "general" 25% US tariffs on imports for all that'll start tomorrow's 2nd of April / liberation-day. As this, too, is a coercion, ACI is to be invoked mostlikely. -> puts on nasdaq and S&P500
(https://ec.europa.eu/commission/presscorner/detail/en/ip_23_6804 https://ec.europa.eu/commission/presscorner/detail/en/ip_23_...)