- cross-posted to:
- europe@lemmy.ml
- worldnews@lemmit.online
- cross-posted to:
- europe@lemmy.ml
- worldnews@lemmit.online
Summary
Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.
Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.
He also criticized EU product standards as “non-monetary barriers” designed to block American exports.
I don’t live anywhere in the northern hemisphere and I can’t say I know much about economy and international affairs. Which targeted tariffs you think the EU will impose that will cripple US?
Either tariff all big tech companies or just outright ban them from being allowed in the public sector. If you ban amazon, microsoft, google, meta, etc then the US economy will be in shambles. Big techs revenue is like ~10% of the total US GDP.
And so will be almost every EU company/government/institution.
Nah. They have been preparing for this for years. There are ready to use replacement for most of the really important pieces of software. This would be the big push that was always needed to get technological independence from the US.
Horse shit to be frank. Aws and google cloud are huge and companies move slowly, if the top 100 euro companies decided to all get off these platforms now it would take months and months of unplanned intense effort and money
You know how much it costs EU taxpayers and customers to pay for the usage and licensing of US tech? Its absolutely absurd and most companies here are fed up with it. They will take any good alternative if its presented to them in a trustworthy manner.
The move to cloud based stuff was mostly vibes and marketing based. On prem has been shown to be cheaper, more reliable, more secure, more flexible.
If its so expensive, why doesn’t European companies make more competitive alternatives?
They are, but have you tried convincing people to use lemmy? Its the same problem.
I’d imagine american cloud services are actually cheaper (because they are so scaled up or whatever), that’s why everyone uses them. So I don’t know where the argument comes from that they are expensive.
They do, but the U.S. companies have vendor lock-in and a choke hold on the market.
Yes,I work in retail in IT , absolutely no cloud in use here 😉
The world is as big as your eyes can see huh? The only reality that can possible exist is the current one? There are no people other than yourself? How small minded can a person be?
Some of the companies I have been working with were already beginning to leave. The realization that cloud pricing will only go up AND being locked into it made them very wary. Some of the planning was already underway, this may only accelerate those plans.
Lol not a chance. Maybe there’s been some work in the public sector, but remove Amazon and MS and you’ll remove the vast majority of companies.
The EU should push for their own cloud and “encourage” (ie “there’s a chance that in 5 years you won’t be able to use anything that’s not in the EU, better prepare”) companies and the public administration to migrate.
They have been preparing? You sure about that?
Yup. Ignore all the buzzwords in this lol https://euro-stack.eu/wp-content/uploads/2025/02/EuroStack_2025.pdf
The EU has been funding and pushing for locally run tech for a while. Matrix is increasingly becoming the base layer for all public sector communications for example. The biggest thing holding back locally developed stuff is just the easy availability of US based solutions. Take that out of the equation and people will just switch to the next best thing, which is usually not much of a downgrade.
More likely, they have been discussing about maybe starting official talks about what it would take to prepare, hypothetically.
But that doesn’t mean there aren’t alternatives to most big tech services that could be setup quickly. I personally ditched Amazon (shop and video… AWS doesn’t depend on me personally) Meta and most of Google without sweating too much. Also, while convenient, none of their consumer tech is critical; we’ve lived without any of it until recently enough, so we could probably adapt to do without it for a while if we had to.
The parts I think (and I’m not an expert by any means) where Europe is completely vulnerable are payment/banking systems and advanced electronics.
On electronics, there’s also China, which isn’t a great alternative to depend on… But if Trump decided to weaponize SWIFT or the major credit cards, could he switch most of our banking system off?
SWIFT is actually European - Belgian in fact, it’s just that the US has an outsized influence through the dollar. Visa and Mastercard has several EU alternatives, the only caveat with them is that each of them only works in their respective countries.
That’s a huge caveat though, I hope it will be solved soon.
I think SEPA mitigates that dependency on Visa/MasterCard. Not being an expert I think the main issue is banks resisting change (and most likely getting kickbacks).
Electronics come from China and Taiwan anyway (i’m considering Intel/AMD CPUs as “advanced electronics” and even on that there are EU-babysteps towards advancing RISC-V).
The EU will never ban them.
No, but the plan is floating around to tax EU used data for foreign companies right into unprofitablily.