I was pondering in why the EU never really got targeted directly like Canada and Mexico with Trumps tarifs.
I think this is it.
And it would be incredibly bad for US tech billionaires if the EU started to move home all these contracts.
I think this is it.
And it would be incredibly bad for US tech billionaires if the EU started to move home all these contracts.
Was it really ? It seems a bold and smart move. Some Canadian companies have already moved to the USA and many are contemplating moving this year if the tariffs still hold.
But, if the US parent company or its government decides to pull weird shit - like Alexa changing its data collection policy one-sided - it'll be too late to withdraw the data and reliance.
A major current day concern is the US siding with Russia and putting sanctions on the EU by for example pulling the plug on US tech companies' services in the EU unless they also withdraw any military aid from Ukraine. It's a huge escalation but given how unstable and rash the US leadership is at the moment, that's the kind of scenarios we have to consider.
It's truly significant if this revenue dissapears. Which is why I am baffled by how e.g. Zuckerberg is flailing at Europe and the EU. If EU regulations cut services off, or users move elsewhere out of fear or disagreement, that would be a crippling drop in revenue. For some tech companies enough to put them under, I'd say.