>France has called for the bloc to hit back with the ACI, which has never been used since its adoption in 2023. The tool includes investment restrictions and can throttle exports of services such as those provided by US Big Tech companies in the EU.
>Paris and Berlin are coordinating a joint response, with their respective finance ministers due to meet in Berlin on Monday before travelling to Brussels for a gathering with their European counterparts, a French ministry aide said. “The issue will also have to be broached with all G7 partners under France’s presidency,” the person added.
France wants to go even harder and be at the forefront of this it seems. Good for them, hopefully they manage to find an agreement quickly and opt for targeted tariffs like agricultural/manufactured products from red states instead of blanket tariffing
logicx24 on
God, the IEEPA case ruling cannot come soon enough.
WGSMA on
What items would you pursue were you a European state looking to retaliate?
Surely you aggressively pursue US Social Media, maybe look at disallowing related party recharges for US Based IP for Corp Tax purposes (would hit ten Starbucks, the McDonalds, so on). Digital Service Tax?
Otherwise_Young52201 on
I’ll believe it when I see it. There was a lot of talk about retaliating against Trump’s liberation day tariffs (that were later reduced) but in the end there was no action.
I do hope Europe surprises me though, it would be nice if Germany followed France’s position of more independent foreign policy.
[deleted] on
[removed]
pugnae on
1. Create payment systems independent from Visa, Mastercard. Russia created Mir because of the war, Europe can do that as well.
2. Own cloud architecture. Just like AWS was born from Amazon’s internal tooling, now Lidl is preparing something. [https://horovits.medium.com/lidl-is-taking-on-aws-the-age-of-eurocloud-b237258e3311](https://horovits.medium.com/lidl-is-taking-on-aws-the-age-of-eurocloud-b237258e3311)
3. Own social networks – network effects etc. Once there would be some kind of forcing of those platforms it would be hard to go back.
4. More free trade! Expand Mercosur, sign the deal with India.
5. Real common market – hard to say what has to be done exactly, but those *de facto* internal barriers just have to go away.
6. Iceland in the EU, maybe even Canada? Ideally create/expand something like a loose cooperation zone, so that Canada/Turkey and other could join without the whole process, with less priviliges ofc.
RetroVisionnaire on
The EU’s current governance structure is woefully inadequate to the challenges it faces. The “Anti-Coercion Instrument” could take up to a year to be applied.
It’s ironic that the EU is making Europe weaker and more vulnerable due to its bad design. If sanctions were still up to member states, they’d have been in place a while ago.
People keep criticizing the EU for their mealy-mouthed bullshit statements (Kallas has been especially horrible) but you need structures that make credible threats and act on them. Otherwise you have no option except BS statements, desperation to de-escalate, and hoping the huge machinery will yield the right outcome after it’s already too late to matter. There cannot be a European Carney until this is fixed.
mechamechaman on
This does feel different than the earlier trade dispute around the ‘Liberation Day’ tariffs. Trump is clearly less popular at home than before, especially on this issue, Vance’s speech in Munich pissed everyone off, the integrity of NATO is at stake, and quite frankly Greenlands and Denmar’s proximity to the rich western european countries means this hits closer to home for those EU countires with weight to throw around.
Europe might actually follow through with something here.
9 Comments
Submission statement: FAFO.
>France has called for the bloc to hit back with the ACI, which has never been used since its adoption in 2023. The tool includes investment restrictions and can throttle exports of services such as those provided by US Big Tech companies in the EU.
>Paris and Berlin are coordinating a joint response, with their respective finance ministers due to meet in Berlin on Monday before travelling to Brussels for a gathering with their European counterparts, a French ministry aide said. “The issue will also have to be broached with all G7 partners under France’s presidency,” the person added.
France wants to go even harder and be at the forefront of this it seems. Good for them, hopefully they manage to find an agreement quickly and opt for targeted tariffs like agricultural/manufactured products from red states instead of blanket tariffing
God, the IEEPA case ruling cannot come soon enough.
What items would you pursue were you a European state looking to retaliate?
Surely you aggressively pursue US Social Media, maybe look at disallowing related party recharges for US Based IP for Corp Tax purposes (would hit ten Starbucks, the McDonalds, so on). Digital Service Tax?
I’ll believe it when I see it. There was a lot of talk about retaliating against Trump’s liberation day tariffs (that were later reduced) but in the end there was no action.
I do hope Europe surprises me though, it would be nice if Germany followed France’s position of more independent foreign policy.
[removed]
1. Create payment systems independent from Visa, Mastercard. Russia created Mir because of the war, Europe can do that as well.
2. Own cloud architecture. Just like AWS was born from Amazon’s internal tooling, now Lidl is preparing something. [https://horovits.medium.com/lidl-is-taking-on-aws-the-age-of-eurocloud-b237258e3311](https://horovits.medium.com/lidl-is-taking-on-aws-the-age-of-eurocloud-b237258e3311)
3. Own social networks – network effects etc. Once there would be some kind of forcing of those platforms it would be hard to go back.
4. More free trade! Expand Mercosur, sign the deal with India.
5. Real common market – hard to say what has to be done exactly, but those *de facto* internal barriers just have to go away.
6. Iceland in the EU, maybe even Canada? Ideally create/expand something like a loose cooperation zone, so that Canada/Turkey and other could join without the whole process, with less priviliges ofc.
The EU’s current governance structure is woefully inadequate to the challenges it faces. The “Anti-Coercion Instrument” could take up to a year to be applied.
It’s ironic that the EU is making Europe weaker and more vulnerable due to its bad design. If sanctions were still up to member states, they’d have been in place a while ago.
People keep criticizing the EU for their mealy-mouthed bullshit statements (Kallas has been especially horrible) but you need structures that make credible threats and act on them. Otherwise you have no option except BS statements, desperation to de-escalate, and hoping the huge machinery will yield the right outcome after it’s already too late to matter. There cannot be a European Carney until this is fixed.
This does feel different than the earlier trade dispute around the ‘Liberation Day’ tariffs. Trump is clearly less popular at home than before, especially on this issue, Vance’s speech in Munich pissed everyone off, the integrity of NATO is at stake, and quite frankly Greenlands and Denmar’s proximity to the rich western european countries means this hits closer to home for those EU countires with weight to throw around.
Europe might actually follow through with something here.
Ban twitter