As an European, I really don't get where this strategy wants to take the USA to. It's pretty clear everyone is getting scared about changes like this that happen overnight, without clear reason and completely unpredictable.
Business requires a stable environment, and Trump is making everything in his power to disrupt business stability. Ultimately, I see the rest of the world (especially Europe) relying less and less on US tech. The long term damage is done.
All the US companies that used to think about the entire world (minus China) as their market will figure out that it is much smaller then they used to think.
relying less and less on US tech
Not just US vs non-US, but any hard dependency on a 3rd party is a risk to any service level agreement. In my opinion any service reaching out to a 3rd party should at most be a value added service not a core part of a business and certainly not part of any contracts. If I had to choose a phrase for businesses that build dependencies on 3rd parties it would be "fragility as a disservice" or FaaD and investors need not risk investing into a fragile model.
The same must apply to individuals. One's career must not depend on a 3rd party service or their career stability and growth are at the whims of the wind of change.
> Ultimately, I see the rest of the world (especially Europe) relying less and less on US tech. The long term damage is done.
They know it and they try to slow it down as much as possible.
How? If anything it seems like they are accelerating some processes - not least the export control over Fable just few days ago or the erratic behavior with the war with Iran