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   Nemo_bis 🌈 (nemobis@mamot.fr)'s status on Wednesday, 02-Apr-2025 08:35:47 JST Nemo_bis 🌈

   in reply to

   Looks like tariffs on services are possible and are being considered, together with a bunch of other options.
   https://www.politico.eu/article/eu-tariffs-counter-strike-big-tech-us-banks-donald-trump/

   Big Tech oligopolies are largely parasitical. If you slapped a 100 % tariff on them, replacing them would be painful but possibly not all that inflationary. (Compared to, say, rebuilding a car manufacturing supply chain from scratch.) A 30 % price increase for Office365 was apparently enough to make millions to switch to LibreOffice! Try 300 % and see.

   • Embed this notice
     Nemo_bis 🌈 (nemobis@mamot.fr)'s status on Wednesday, 02-Apr-2025 08:35:48 JST Nemo_bis 🌈

     Are retaliatory #EU #tariffs on digital services possible? Do you just have to call them by another name?

     Reading up on GATS.

     https://en.wikipedia.org/wiki/General_Agreement_on_Trade_in_Services

     «Estimates for ad valorem tariff equivalents of services trade restrictions for cross-border trade [...] ranging as high as 2000% when trade flows are relatively inelastic, as opposed to between 20% and 300% in most other sectors.»

     https://www.oecd.org/content/dam/oecd/en/publications/reports/2017/04/services-trade-costs_3781532c/dc607ce6-en.pdf

     "GATS the way"

     https://esil-sedi.eu/esil-reflection-gats-the-way-i-like-it-wto-law-review-of-eu-legality-and-fundamental-rights/

     Mr. Bill repeated this.