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EU Can Regulate Tech, Bloc's US Ambassador Says
Bloomberg Technology· 2025-12-05 18:06
EU-US Tech and Trade Relations - The EU views its digital regulations as a sovereign right, applicable to all businesses operating within its jurisdiction, regardless of origin [3][4] - The EU asserts its regulations are geographically neutral and do not target specific countries or companies [8] - The EU believes trade, technological cooperation, and investment between the US and EU should be mutually beneficial [5] - The US administration perceives EU rules as overly burdensome on American technology companies [2][6] - The EU has identified non-compliance issues with X (formerly Twitter) related to advertising, data access for researchers, and deceptive verification practices [2] European Defense Spending and Cooperation - European countries are encouraged to increase investment in security and defense [10] - EU member states are aiming to spend 5% of their GDP on security and defense [10] - The EU is allocating additional funds to incentivize its defense industry, totaling over 900 billion (推测单位为欧元或美元) in 3-5 years [10][11] - The EU emphasizes the importance of cooperation in defense and security, including with the US [11] Support for Ukraine and Russian Assets - The European Commission has presented legal pathways to utilize immobilized Russian assets to provide a reparation loan and long-term support for Ukraine [13] - The EU believes that Russia should face consequences for its war in Ukraine [14] - The decision regarding the use of immobilized Russian assets, which are held in Euroclear, lies with the European countries [14]