Brussels’ zero-for-zero tariff offer not enough, U.S. president says, but indicates he’s open to a deal if the bloc commits to closing the trade deficit in goods.

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.

  • HamsterRage@lemmy.caEnglish
    5·
    5 days ago

    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?

    • floofloof@lemmy.caEnglish
      2·
      5 days ago

      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.