I'll admit that I don't know a whole lot about global supply chains for tech mastodons, but seeing how this isn't going to be an European thing, wouldn't this lead to companies like Apple being forced to create a trans pacific and a European iPhone? If so, then I wonder how the benefit realization of this whole thing pans out compared to simply complying with legislation demanding more openness. Even if that made sense, or some of these tech giants simply decided to cut their losses and say good buy to the Euro sector, how long do they really expect these trade deals to last when they try to side step the US democracy as hinted by:
> With IPEF, even Congress has been shut out of negotiations, which limits accountability and transparency.
Maybe I'm alone in thinking this, but I doubt that it'll work out well in the long term. The EU has been very strong on enforcing consumer rights, but a lot of the benefits we get here in the EU seem to catch on in the US eventually, and then what will these deals really accomplish? Are those 5-15 years of monopoly really worth all the fighting? And perhaps more importantly, is it really worth more than being a "first mover" on building a more consumer friendly platform?
> With IPEF, even Congress has been shut out of negotiations, which limits accountability and transparency.
Maybe I'm alone in thinking this, but I doubt that it'll work out well in the long term. The EU has been very strong on enforcing consumer rights, but a lot of the benefits we get here in the EU seem to catch on in the US eventually, and then what will these deals really accomplish? Are those 5-15 years of monopoly really worth all the fighting? And perhaps more importantly, is it really worth more than being a "first mover" on building a more consumer friendly platform?