“I believe, 7 days before the end of the negotiations, one should also show what one can do,” said a senior German government official

cross-posted from: https://lemmy.zip/post/44582626

“I believe, 7 days before the end of the negotiations, one should also show what one can do,” said a senior German government official

Archived version: https://archive.is/newest/https://www.euractiv.com/section/economy-jobs/news/germany-time-has-come-for-eu-to-threaten-us-with-trade-bazooka/

Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

  • Pechente@feddit.orgEnglish
    351·
    24 days ago

    With Instagram once again trying to force its users to agree to some more privacy violating settings, I think it’s time for the EU to tax and fine the shit out of predatory US tech companies.

    Make them pay up or withdraw from the EU. It would be a win either way.

  • cron@feddit.orgEnglish
    23·
    24 days ago

    I don’t really like the wording of the article. The US is crippling its trade partners, therefore it’s more than reasonable to defend against such unprovoked tariffs.

      • cron@feddit.orgEnglish
        12·
        24 days ago

        Thank you, didn‘t know that this is not a term that was made up by sensationalist journalists

        • General_Effort@lemmy.worldEnglish
          7·
          24 days ago

          I know what you mean. Apparently, finance people use “bazooka” to mean radical, drastic measures of any kind. I don’t know any finance people, but I’ve also seen the term used in relation to central bank policy.

          The ACI really does include some very serious stuff. It’s not just for ordinary trade disputes but for, basically, economic war.