EU looks to target Big Tech in trade war with America
EU looks to target Big Tech in trade war with America
Author: Jakob Hanke Vela
Europe is ready to get creative to win the next bout of trade war against America.
The EU is preparing a law that could allow its executive body, the European Commission, to hit back against U.S. tariffs by imposing sanctions on the intellectual property of companies such as Amazon, Google and Facebook.
In a rare united front, Europe's main political groups on July 6 backed proposals to strengthen the EU's trade powers by expanding them into the realm of services and intellectual property rights, which they argue would allow them to match U.S. trade firepower.
“I’m satisfied to see that there is big support for Europe to muscle up,” Marie-Pierre Vedrenne, who authored the draft law, told POLITICO.
Vedrenne, from the centrist Renew Europe group, has the backing from the center-right European People's Party and the center-left Socialists and Democrats. All argue that it is time to radically modernize the EU's trade arsenal.
Bremmer vs. Karaganov: Global Order and Ukraine Conflict Take Center Stage at Horizons Debate
In an electrifying debate hosted by Horizons, Ian Bremmer, president of the Eurasia Group, and Sergey Karaganov, a renowned Russian political strategist, confronted the pressing challenges facing the global order. Moderated by Vuk Jeremić, editor-in-chief of Horizons, the event explored the complexities of shifting power structures, the protracted conflict in Ukraine, and the role of nuclear deterrence in contemporary geopolitics.
Read more
CIRSD Presents Latest Issue of Horizons at Moscow State Institute of International Relations
CIRSD President Vuk Jeremić emphasized the complexity of achieving sustainable development, stating that “we now live in a very, very deep geopolitical recession."
Read more
Vuk Jeremić Participates in Global Relations Summit in Türkiye
During the event, Jeremić emphasized Turkey’s vital role in global geopolitics, noting its significant influence in strategic regions.
Read more
Tajikistan and Kyrgyzstan at the Crossroads: Geopolitical and Economic Transformations