tiny lemmy 

EU looks to hit US services in tariff retaliation

c/europe · u/CAVOK@lemmy.world · 97 points

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Comments

u/atro_city@fedia.io · 31 points

Some experts say that to inflict even more economic pain on the US, the European Commission would need to use its anti-coercion instrument (ACI), dubbed the “trade bazooka”.

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This tool could restrict the activities of US banks, revoke patents or prevent companies receiving revenues from software updates or streaming.

Do it! I want to see US services become worthless in the the EU.

u/A_norny_mousse@feddit.org · 4 points

I'm beginning to understand why it's called a trade war.

Retaliation is swift*, across the globe.

One might even call it a trade world war.

\* bureaucracies permitting