The anti-coercion instrument, known as the “big bazooka” of the EU’s trade arsenal, would give the commission powers to go after US multinational companies, slapping extra taxes on the digital revenues of tech firms.
PLEASE do. Maybe that will get enough companies pissed at him that they push him and his support out.
Agreed.
Our own government isn’t doing anything to stop him. Let Europe do something to stand in his way.
And the very next line:
This is a major escalation the Irish Government wants to avoid.
Have they tried going back to before they were a crooked tax haven for unethical corporations? I knew as soon as they decided to be a tax shelter that they would become what I believe the Br*tish call, “A cunt in the machinery.”
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?
Sir, your /ich_iel is leaking
German subs don’t leak
Ve schließen an 🇩🇪
Any trade deal they strike with Trump is illusory and not worth the paper it’s written on. See, e.g., what happened to the NAFTA deal Trump signed during his first administration. The EU should refuse to play his games and quietly start dumping their substantial holdings of U.S. Treasury bonds.
EU should be deploying the bazooka on American tech anyway. American business patterns are abusive and predatory completely ignoring public good and privacy concerns. Its past the time to be sitting on hands in reining them in. Force them out and replace them with local businesses that follow the rules.
The same goes for the EU’s stance on gaza-- we are well past the “wait and see” stage of anything and into delays being little more than paid corruption and implicit genocide support.
Trump is right on one assumption, the EU is as weak and ineffective on these matters as he is. The larger EU markets are like baby birds with their mouths open waiting for the US to vomit food into their mouths.
Don’t negotiate with terrorists.
