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Comment by _the_inflator | Hacker News Reader

At the political level this is going to fuel the conflict between USA and EU. Gas pipeline, data privacy - times have changed forever it seems between USA and EU.

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I don't see a conflict. European countries have had consumer protection laws that are different from those in the US and US companies have had to comply. This situation is no different.

The EU wants privacy & security guarantees that US companies can't deliver and special deals with the US government can't really fix that. But I'm sure US companies will adapt eventually.

And this goes in both directions of course. For example European banks have to be really careful in dealing with US citizens due to laws like FATCA.

> For example European banks have to be really careful in dealing with US citizens due to laws like FATCA.

Their fix is of course to require you to check the "I am not a US citizen" box.

I don’t know if that’s sarcastic, but banks are scared to hell to deal with US citizens. They won’t ask you to fill the other box, they just won’t deal with you.

It is not sarcastic - my bank (ING) has these in the forms, for instance when getting started with their stock buying program.

Many banks will not allow US citizens to open accounts for that reason. If they have any US account holders, they will have to report to their tax authority.

Sounds similar to GDPR.

allies but different interests, very different. Example: Why We Must Spy on Our Allies https://nationalinterest.org/commentary/why-we-must-spy-our-...

    Oceans rise Empires fall
    We have seen each other through it all
    And when push comes to shove
    I will stalk all your communication
    To remind you of my love

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