TechFlow news, April 7 — According to Jinshi Data, Germany wants the EU to consider using its most powerful tool to retaliate against Trump's trade war. German Economy Minister Habeck said on Monday, "We must closely monitor anti-coercion measures, which go far beyond tariff policies," including digital services—he was referring to a mechanism allowing the EU to target large tech companies. This tool is commonly known within the EU's trade arsenal as the "rocket launcher," primarily established as a deterrent option to prevent coercive economic actions by major trading partners. The tool allows broad options, including restricting a third country's service operations in the European market, but it also involves complex procedures designed to first promote dialogue and ensure member state control. Over the weekend, France indicated that one possible countermeasure could involve regulating how U.S. big tech platforms use data.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
