When are they tanking the market further with massive counter tarrifs?
When are they tanking the market further with massive counter tarrifs?
We don’t.
Wednesday : first tariffs to respond to steel tariffs
End of the month : second tariffs (digital services maybe)
That's if they follow thru. Don't know if they will. I hope.
Why would the market react to EUs tariffs? Who cares?
ok thanks, so priced in already
Who cares?
The market, anon, the market does.
The EU is a slow moving machine with 27 steering wheels, don't expect anything quickly.
Lets be honest the digital service tariffs are a long time coming, they should never have used US based services for that in the first place.
EU sanctions can't even move the Russian markets anymore and you think they'll move the US markets? Yeah ok
after siesta senor
I think it's wise to let the chaos play out. I don't think they need to give Trump an excuse that when stock markets bleeds and the economy risks going into reverse, that it has something to do with Europe. At least not yet.
Let it blink for a few days that *this* is ALL Trump's fault, then retaliate further.
The EU can
can prevent countries from participating in public EU tenders
prohibit a country from investing in the EU
invalidate patents and introduce export bans
All of which would destroy stability in the US market even further.
How are new EU sanctions supposed to move Russian markets? They've already sanctioned everything important that they're willing to sanction
prohibit a country from investing in the EU
Sounds good, go for it bud. Let's see how that plays out
what are they going to tariff? LNG? When they're now cut off from Russia?
Europe should've remained neutral now they just have to perma-cuck until they realise that they have to have an economy that doesn't revolve around dick-sucking
lowered earnings are priced in
Kys incel
They lack the cards
Sorry, I couldn't hear that over the sound of your walmart sharts, could you repeat that?
Digital stuff most likely. Europe has been wanting to tariff US digital services for a long time now to make room for european solutions, but has been delaying it because USA has thrown a hissyfit every time it has been mentioned. What's a better chance to implement it than when USA is doing a global tantrum and the potential market effects can simply be blamed on Trump?
They are going to tactfully hurt US stocks as much as possible. Sell the fucking bounce lads
but I'm British anon
EU is sort of doing that already with insane tech regulation (one of the few NTBs where trump would have a point) but it just has the effect of killing any possibility of domestic industry because no tech company wants to do GDPR compliance exercises every time they update an app
besides I don't think you can 'tariff' Microsoft/Google/Facebook/whatever
You know that orange retarded sanctions together with OPEC deciding to gather more oil dropped russian economy harder than any Yuro sanctions would?
OPEC deciding to gather more oil
that's the real mystery in all this. why are they doing it?
tech regulations are actually bad
I think regulations that protects the individuals over tech companies are pretty based actually.
EU is sort of doing that already with insane tech regulation
Indeed, and as you said it has not really worked as intented when it has had to apply equally on both native and foreign services.
But tariffs are literally protectionist, and USA can't throw a hissyfit when they are doing the same by themselves.
I don't think you can 'tariff' Microsoft/Google/Facebook/whatever
Why not? Just slap that 20% tariff on every windows purchase or google add purchase.
I agree in principle, but Yuros manage to right word salad unenforceable garbage instead of things that protect consumers.
and that's fine if you want companies to subsidise make-work jobs for pencil pushers to complete risk assessments and do audits but just know that that comes at a price
The price of freedom yeah.
cool, so don't complain that we'll get raped by china and the US
No one’s gonna be raped by the US anytime soon anon.
in the tech sector where the EU actually has no real control or levers to pull? get real anon
data protection is such a meme when all our professional service companies and banks have outsource functions in india and that data ends up god knows where
and USA can't throw a hissyfit when they are doing the same by themselves
I don't know how you can type this when the US' strategy right now is precisely holding the economy hostage and threatening the world with escalating tariffs if they get counter tariffs placed on them.
I do agree that this is probably the best moment to put something on American service providers for literally leeching off their data and manipulating the people but I don't have much faith in the EU easing the advent of local alternatives.
We forced Apple to make their shit with USB-C, among other things.
Also not tech related but not having amerifat food available is a big win. So is not allowing their overkill pesticides.
When are they tanking the market further with massive counter tarrifs?
wait for 14:40 when the EU trade press conference starts :D
right before US markets open kek
also there won't be any tanking other than the US
if Meloni caved, they're gonna activate the
Anti-Coercion Instrument
most likely announced alongside funding for EU alternatives
probably banning (or restricting) some US business operations in the EU
because the EU is the largest economic Bloc in the world
the markets literally only care about the US, EU and China
rest is irrelevant / reacts to these 3
Sounds good, go for it bud. Let's see how that plays out
t. MAGAtard who has the economic understanding of a 3y old
excluding US banks from EU bonds market would literally Armageddon for most US banks
GDPR compliance
kek
retard
GDPR compliance is like 2 database queries and an information page you need to have
costs basically nothing
GDPR hate is pure populism
just a scapegoat for other things
We forced Apple to make their shit with USB-C
sure, but now you're in a protracted legal humiliation ritual because you wrote some retarded Digital markets act when you could have just said, though shalt not restrict the installation of 3rd party software.
always wondered how GDPR would work if you use immutable or tamper resistant storage
I wonder the aggregate economic impact of literally trillions of individual instances of having to pointlessly click "yes I consent" to every fucking webpage you visit is
It takes a while for the EU to do anything.
my bad I should have said the EU General Product Safety Regulation, the EU DORA Regulation, the NIS2 Directive, the German Accessibility Strengthening Law, the EU AI Act, the European Media Freedom Act, the EU Data Act, the EU Product Liability Directive, and GDPR
always wondered how GDPR would work if you use immutable or tamper resistant storage
not that complicated
firstly GDPR is only concerned with personal data
when you deal with businesses only, it's irrelevant
and with personal data
the only question you have to ask yourself as a business is
do I have a reason to collect and store / keep the data to provide my service
so even with immutable storage
Right to Erasure doesn't mean you have to delete everything
if there is a legal reason or more broadly a valid reason to keep the data you can keep it
e.g.
transaction history, think of blockchain
keep deleted account name so no one in the future can take the same name and impersonate deleted person, think of mails (gmail actually does this)
so you just have to be mindful on what you put on your immutable storage
GDPR is mainly made to let people delete their social media accounts and stop retarded mass data collection
LMAO, europeans always think one day they will stand up to America. it will NEVER happen
Gee, the negotiation alliance based on mutual negotiation says it will negotiate.
For some reason fatties seem to think negotiation means begging, which is complete opposite of the word.
how many negotiations have been announced? how many of them resulted in any action?
i understand the gist of your post that there is too much regulation
which I agree
but outside of content moderation the EU really doesn't have much regulation which makes more work
unless you are a borderline retarded code monkey
just as example
NIS2 Directive
literally just basic security mechanisms (in most countries implementations)
and some reporting for public agencies
German Accessibility Strengthening Law
every sane UI design already complies
EU DORA
that's literally only share your incident board with the local financial authorities
EU Data Act
that's, again, just a database query where you send the results to your customers
European Media Freedom Act
has nothing to do with data...!
EU AI Act
you want to get automatically fired by an AI??
for one I actually support that one, well made regulation
sounds awfully like an list by ChatGPT
because you missed the actual tech regulations like DMA and DSA
EU can't do anything
there are 450 milion Euros, they have the second highest purchasing power in the world, they are the second largest economic block but above all market in the world.
when the chinese bitch you get a china model
when the EU bitches you get a global change for everyone