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.
The EU are currently trying the carrot (offering zero for zero), Next comes the stick (targeted import and export tarrifs)… it would hurt the EU, but cripple the US.
Just tariff cloud stocks, watch everything crumble.
EU should target the services. US exports services like google, meta etc than goods. If that happens, US goes to depression.
That one could be trickier as many Europeans work for the US big service companies ( Microsoft, Google etc…)
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.
The EU will never ban them.
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.
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?
I’m not no sure. 90%+ of these services are commodities and nobody gives a damn who the provider is from a technical perspective. There’s no physical component, so it’s literally a matter of signing a contract, spinning up a server/service, move the data and point everything to the new service.
And yeah, there are technical issues that come up, and nothing is ever that easy. But think about how fast many, many companies were able to sort that kind stuff out when the had to when COVID hit.
And that’s the thing. Cloud service disruption can be an existential crisis, so why would you leave it in the hands of a hostile foreign power?
There are physical data centres that are not trivial to build and run. As I understand it, these tend to be run by the big US tech companies. So if you switch to EU service companies that are still using AWS, Google Cloud or Azure backends, you haven’t really switched away from US tech companies.
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.
Great for them, there will be a lot that only just got through their first painful migrations
I agree. However, I also have seen that the pain they went through to get to the cloud helped them consolidate and define what they were managing. So the backing out is turning out to be a bit easier than getting in.
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.
I personally am loving the non-tarrif retaliation by China on the US. Basically banning exports to the US of critical minerals that only they produce. Love to see it.
EU tariffs alone would not be that painful on their own, but add in Asian tarrifs and perhaps some South American numbers… maybe bring the penguins in too.