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This will have tremendous bad consequences.

If Trump does not back down the EU will have no other choice than to terminate access to every online service sharing data originating from EU citizens with US based companies.

And I mean every online service. Not "just" mostly consumer facing stuff like Facebook, Instagram and X, but also down to the likes of Azure, GCP and AWS -- and everything in between.

This would be bad for everyone, not only for us here in Europe; but also for those of you out there in the United States. I hopefully don't have to explain why.

Pray that he doesn't succeed in making the EU walk away...

More likely the EU will be forced to back down since they are completely dependent on US digital services imports for basic infrastructure.