Europe ponders a regulatory response to Trump’s tariffs that could hit Big Tech

In response to tariffs imposed by the Trump administration, French President Macron proposed regulating US Big Tech companies. This initiative aims to counter the economic impact of American trade policies and the dominance of US digital firms that largely supported Trump. Europe has a history of digital regulation, such as GDPR, and sees this as a way to leverage its power over Big Tech's access to user data. While a unified European approach is desired, reaching consensus on specific measures may prove difficult due to the essential services these tech companies provide. The uncertainty surrounding these potential regulations has already impacted tech and crypto stock values, highlighting the potential for a new battleground in trade relations.This article is also available in English on my Medium page, «Europe ponders a regulatory response to Trump’s tariffs that could hit Big Tech«