French President Emmanuel Macron will request the activation of the European Union’s anti-coercion instrument after US President Donald Trump announced new tariffs on European countries over Greenland.
Macron, who on Saturday branded the threat of tariffs “unacceptable,” was in contact with European counterparts and would make the request on behalf of France, according to a person close to the president who requested anonymity to comply with government rules.
If Macron’s party wants to help him with that, they should listen to what Cory Doctorow said at 39C3 about the best way to retaliate against the tariffs: legalizing the reverse-engineering of US tech.
The EU’s anti-coercion instrument is the bloc’s most powerful retaliatory tool. While it has never been used, the ACI was designed primarily as a deterrent, and if needed, to respond to deliberate coercive actions from third countries that use trade measures as a means to pressure the policy choices of the EU or its members.
Those measures could include tariffs, new taxes on tech companies or targeted curbs on investments in the EU. They could also involve limiting access to certain parts of the EU market or restricting firms from bidding for public contracts in Europe.
Herr come the sanctions.
Also, fn hate Bloomberg’s paywall bullshit http://archive.today/mNIv7