The EU is ready to hit Silicon Valley with a "bazooka"
news.online.ua
Wed, 05 Feb 2025 14:02:09 +0200
The EU is determined to fight back against TrumpAs journalists managed to learn from their insiders, the European Commission, led by Ursula von der Leyen, is ready to use its socalled anticoercion instrument ACI.What is important to understand is that it was created during Donald Trumps first term, and then was used as a deterrent to China.The specified instrument, dubbed the bazooka in the bloc, allows official Brussels to impose restrictions on trade in services if it recognizes that a country is using tariffs on goods to force a change in policy.Anonymous sources warn that it is the ACI that will allow the European Union to attack large US technology companies Big Tech.According to another insider, all options are on the table at the moment, as the EU is not going to make concessions to Washington.It is the bazooka that will become Brussels toughest reaction to Donald Trumps actions this tool will operate without violating international law.
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