Will this become the next trade war? It’s about time countries become digitally souvereign. The monopolies from US-american companies are way too dangerous for global freedom. Big Tech needs to be taxed. The US should tax them more, too.
The US is like the kid that never grew out of their highschool bully stealing lunch money phase.
Either GAFA agrees to store user-data in the countries in where they’re gathered or they’re banned from operating those countries, regardless of the fact that a blanket ban is an attack on “freedom of expression”
China’s decision to develop its own tech sector instead of relying on US companies is really paying in spade here. Most of the world allowed US tech companies to operate mostly unregulated and this precluded local tech sectors from developing. Now US is flexing their tech dominance over the countries that made these short sighted decisions.
European countries are also looking to tax big tech, so it will be interesting to see how this goes.
If you would have read the article, you would have read:
Similar U.S. reviews of digital tax practice in Brazil, the Czech Republic, the EU and Indonesia, are ongoing.
I don’t understand how my message is wrong or doesn’t apply. Or how it means that I didn’t read the article. Could you explain? :)
Edit: Oh, I see. That “it would be reviewed” was an answer to my wonderings. I was more thinking more in terms of how the US will deal with this politically and with negotiations. The European union is globally the biggest economic power, so if the EU gets lumped in I can’t imagine the US will stand much of a chance.
Let’s see how this unfolds, then.
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