Trade is unlikeky to return. There was a short us-eu tariffs War during Trumps first presidency. I think it was on fruit. The buyers found suppliers in other countries and havent returned.
This time around the eu tariff warriors are going for about 100 times as much in tariffs and are attacking republican mainstays, such as louisiana (som beans) where the republican speaker Mike Johnson got his mandate.
Trump will rage and consider it election interference. We will snicker and ignore that.
There's a conflict of interest between EU and USA that is becoming a real problem.
Preamble: European States and companies widely use cloud services run by US companies. In the EU data protection is considered a human right, whereas in the US it's a citizen's right.
That means, if an intelligence service in the eu want to look at my data, they need a warrant. If an intelligence service in the US want to look at a US citizen's data, they need a warrant. Ø
But if a US intelligence service want to look at my data, a US company will just have to hand it over. I have no protection, not being a US citizen.
A few legal exercises has been made to deal with this. After all, the amounts earned by Azure, Google Cloud and AWS are noteworthy. Twice the EU court of Law has deemed these exercises wanting, and the problem has been huge enough that Biden and EU Commission head van der Layen made a joint pressemøde conference to annonce that it had been solved - latest in october 2022 by executive order 14086.
End of preamble.
So. The US has this peaceful group of nations across the atlantic that very much just want to pump billions into the US digital economy. As long as the US at least pretends that they respect EU data privacy laws more or less on the level that US citizens are protected. Because building our own similar services is one hell of a pain.
It's a pipeline of free money. And even though we complain at every price hike, we can't seem to move towards the exit.
Project 2025 language on this? It's all an evil plot by scheming europeans in Brussels to nerf US intelligence, and EO14086 is another weak decision by weak biden. It should be cancelled and Brussels should told to piss off.
Billions. Literally billions of dollars every year flowing from companies and taxpayers all over EU towards US Big Tech bank accounts. And the p2025 nutcases want to fuck it up, because setting a tiny privacy footnote on billions of tech dollars make america look weak.
Sorry. We can't trust you Guys.