Then the tech firms raise prices in the EU. That’s what happened to Canada and Canada backed down. The only difference is the EU may want to encourage their own tech companies to grow.
If there’s one thing we’ve learned from tariffs, companies are surprisingly willing to eat extra costs in the short-term, and tariffs taxes are taken much closer to the end consumer
Then the tech firms raise prices in the EU. That’s what happened to Canada and Canada backed down. The only difference is the EU may want to encourage their own tech companies to grow.
If the EU gives more incentives to their companies, US tech firms will come back begging like little bitches to claim EU domicile.
If there’s one thing we’ve learned from tariffs, companies are surprisingly willing to eat extra costs in the short-term, and tariffs taxes are taken much closer to the end consumer
Do the leaders in the EU also have stock in all the big tech companies like Carney does?