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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Dope1 ⎊  😊 😞
Number: of 84359 
Subject: Re: I must need to drink more Kool-aid
Date: 05/05/25 4:26 PM
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As I've pointed out, there is much more than 'tariffs' going on in trade. The media constantly mentions tariffs but largely ignore everything else.

Like extra taxes.

dailycaller.com - Scott bessent regulation europe dsa dma big tech

Europe’s rollout of tech regulation laws, like the Digital Services Act and the Digital Markets Act have become a sticking point in wider transatlantic trade negotiations. American officials like Bessent argue such digital taxes unfairly burden U.S. firms and could undercut joint competition with China. (RELATED: ‘Strong And Clear Message’: European Bureaucrats Slap American Tech Giants With Massive Fines)

“We’re negotiating with a lot of different interests,” Bessent said at a White House press conference Tuesday. “Some of the European countries have put on an unfair digital service tax on our big internet provider — France and Italy — other counties, Germany and Poland, don’t have that. So we want to see that unfair tax of one of America’s great industries removed. It’s going to be a give and take. They have some internal matters to decide before they can engage in an external negotiation.”

and

The [Digital Services Act] regulates online intermediaries and platforms such as marketplaces, social networks, content-sharing platforms, app stores, and online travel and accommodation platforms,” the European Commission’s website states. “Its main goal is to prevent illegal and harmful activities online and the spread of disinformation. It ensures user safety, protects fundamental rights, and creates a fair and open online platform environment.”

Sal Nuzzo, executive director of Consumer’s Defense, framed the trade talks as an opportunity to “[deliver] a blow to our shared adversary.”

“When our allies punish U.S. companies while doing business with communist China, it makes things more expensive for us,” Nuzzo told the Daily Caller News Foundation. “The ongoing trade negotiations present the perfect opportunity for our European allies to strengthen our partnership through more open and fair regulatory regimes resulting in a win for both parties and delivering a blow to our shared adversary.”
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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