EU considers tariffs on digital services Big Tech
-
This post did not contain any content.
-
T [email protected] shared this topic
-
Yes. Tech billionaires are the ones who stood behind Trump proudly on inauguration day, so let's start using Canadian/European options. Plenty of them match what those tech companies offer anyway.
-
Do it, fuck up Twitter, Amazon, meta, and everyone else that shared a stage with trump.
The only language they know is $, if trump is bad for their money, they'll go against trump.
These are people obsessed with wealth over every thing else, it's not hard to manipulate them, but when rational adults regain power, we need to tax the ever loving shit out of them because no matter what happens, they'll always choose "more money".
-
ahh... I was wondering when people were going to start talking about Tariffs in relation to streaming services and purchasing software...
-
Good on you EU! I think a majority of the world would like to see Big Tech brought down a couple hundred pegs.
-
You're thinking too small. Think of taxes on Enterprise software.
-
lol holy shit do it. DO IT. This will utterly FUCK the profit model of more things than I can quickly explain
-
I believe this is how we can cripple the US.
I just switched my services over and there are some great alternatives, we have just been pre-programmed to use the American default brands.
Adobe, Microsoft, Apple, Google, Amazon all easy to replace.
The only challenging one so far is YouTube, content is just lacking elsewhere, but atleast with adblockers YouTube isn't getting my money.
-
Sounds like a good idea, hit them where it hurts!
I left Big Tech a while ago, but if the EU can hit them with tariffs and hurt people like Zuck and (F)Elon, awesome! -
TBF, just leaving YouTube would be better. There's plenty of information out there which don't need some glorified video hosting platform (books, blogs, wikis and so oh). I really struggle trying to understand people's addiction to YT...
-
I like long form video content from someone who is passionate about a subject
-
Newspapers, magazines, TV, film, movies, broadcasts are all regulated nationally and internationally
The same should be done for corporate social media companies who basically deliver all or most news content and information to people everywhere today.
The current state of the world is like being in the 1900s and only having six major newspapers in the world owned by big corporations and none of the content they publish or share is regulated or controlled.
-
Let's just hope they move fast and aren't afraid to break things.
-
All it takes is a critical mass of users to make their own Facebook. A continental divide seems like a good place.
-
How would this affect the big players? Like MS -you buy from the European branch and they use buy from US. So hitting them with tariffs would hurt MS more than their customers?
I understand they will raise prices, but its not like with physical goods where the same item is resold. They use other ways to transfer money because tax
-
yes, there are clearly unfair trade practices here. EU has been making money for Google and Amazon, but the US are not using our services.
I hear the best solution to this are tariffs: EU users have to pay to use gmail until enough US users start using EU email providers and we rebalance the services trade! -
Okay, Orangeman! Now it's getting personal...
-
I wouldn't go as far as saying it's very easy to manipulate American oligarchs. However, they are relatively provincial and lack the capabilities to deal with truly complex challenges.
They operate in an environment with no real risk. They've never dealt with any real challenges. The US judicial system is a joke (even in China, Alibaba's Jack Ma immediately regretted going on a public chimp out). US society is either openly supportive of corruption and criminality or lacks the capability (true desire and risk tolerance) to address corruption.
This is not to underestimate American oligarchs. They are extremely sophisticated and absolutely committed to their "number go up" fetish, but you also have to be real about what they are.
-
The purpose of tariffs (in a normal world) is to make it harder for domestic entities to buy international goods. Typically, this will spur growth of a particular sector of industry within a country over time.
The way Trump is using them as a battering ram in an attempt to punish other countries, rather than incentivize steady growth, is why the US market is tanking and likely headed to another recession (or worse).
By retaliating in kind, the EU will be incentivizing their citizens and companies not to buy from the US. This will hurt companies that are based in the US, like Google, Microsoft, Meta, etc., further sending the US economy into freefall and bolstering the European economy, since they aren't trying to punish every single trade partner in existence.
There may be other ways they try to move money around to avoid the tariffs, but governments are aware of how big businesses operate and often try to close those kinds of loopholes. Since this has become a global political issue, I would imagine they'll be keeping a more watchful eye than normal on things.