Comment by TrackerFF
12 days ago
Well, two issues here:
1) The moment US decides to completely exit EU and brick their devices, China will step in and provide the alternatives. Or it will trigger some tech arms race inside Europe, and we will see European providers rise up.
2) US Tech companies can't afford to pull out. They might do some short-lived performative black-outs to show European customers how dependent they are, and they will for sure run to the government, who in turn will start trade wars. But in the end they simply can't afford to just pull out completely.
As others have mentioned, not only is it a danger to their own revenue, but the US stock market is being carried by these tech companies.
The US has always profited the most from providing products / services which are better and cheaper to Europe, to such a degree that organic growth has been naturally suppressed.
Necessity is the mother of invention.
> 2) US Tech companies can't afford to pull out. They might do some short-lived performative black-outs to show European customers how dependent they are, and they will for sure run to the government, who in turn will start trade wars. But in the end they simply can't afford to just pull out completely.
Yep, case and point is current situation in Russia, where US companies "pulled" out due to sanctions, but not really.