The EU will hardly be able to effectively counter the new US tariffs. The most valuable companies in the world today are American technology giants based on artificial intelligence. Their high market capitalization reflects the huge global demand for their services.

Their products and services are also of key strategic importance.

The EU doesn't have many ways to burden them with import taxes, other than increasing the regulatory burden. But this could easily backfire and further reduce the competitiveness of the EU in the field of artificial intelligence.

But we have bottle caps attached and regulation that makes it difficult to develop AI. Long live the EU bureaucracy!

#EU #bureaucracy #wef #tariffs #AI #taxes