Is the UK-US Tech Prosperity Deal on the Brink of Collapse?
The UK maintains that its Tech Prosperity Deal with the US, valued at £30 billion, is not permanently halted despite recent tensions. The agreement, which encompasses advanced technologies like artificial intelligence and quantum computing, faced delays due to US concerns over Britain's trade barriers.
Concurrently, the Trump administration has taken a hard stance against European tech firms, threatening penalties for perceived discriminatory practices against American companies. This move highlights escalating trade tensions, particularly as the US seeks to establish a cohesive trade framework with the EU.
The situation illustrates the ongoing complexities of international tech regulations and the balancing act between fostering innovation and ensuring fair competition.
The press radar on this topic:
Trump admin threatens retaliation against Spotify and others over EU tech regulation
UK insists US tech deal not dead as Trump threatens penalties against European firms
USA temporarily halts technology deal with the United Kingdom - DER SPIEGEL
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