Tariff!

2 years ago by ikt to c/yurop

jlh 273 points 2 years ago

This seems to be referencing Regulation (EU) 654/2014, an EU law which allows the EU to unilaterally enact countermeasures against countries that break the WTO's rules.

The countermeasures listed in article 5 are:

Imposing tarriffs and customs duties
Trade restrictions/quotas
Cancelling contracts between the EU and the target country
Cancelling the target country's intellectual property rights (e.g. patents/copyrights)
Banning public procurement from the target country
Implementing price penalties for public procurement from the target country

The law was amended in Regulation (EU) 2021/167 in response to the Trump (and now Biden) administrations blocking the appointment of judges to the WTO and using a loophole to kill the WTO's enforcement mechanism.

More context from the EU parliament:
https://www.europarl.europa.eu/...

The fact that the EU can just suspend American patents and copyrights is pretty insane. Could be some huge benefits for European companies and movie pirates.

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webghost0101 200 points 2 years ago

❤️“Cancelling the target country's intellectual property rights” ❤️

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Hamartiogonic 112 points 2 years ago

If EU did that, it would probably result in equal retaliation. It would mean that all patents and IP would become local. Stealing these things from others continents would become fair game, which would make patents and IP almost completely pointless.

Could we please try that out? Sounds like an interesting scenario.

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webghost0101 68 points 2 years ago

Stop, I can only get so erect!

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teft 22 points 2 years ago

Right? That’s not a threat. Lol

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Aqarius 22 points 2 years ago

"Please, God, it would be so fucking funny"

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JustAnotherKay 19 points 2 years ago

Parents and IP would become local

You're telling me we could have more diverse innovation that catered to the needs of individuals if we allowed people to create tools that help them and their neighbors instead of saying "some guy decided a hundred years ago, on the other side of the planet, that this is what this tool looked like. If you call something else by this name we'll sue you and if you call something that looks like this something else we'll sue you for that too"?

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einkorn -1 points 2 years ago

No, because someone else will file for the exact same patent locally at the exact moment the law is invoked.

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njm1314 9 points 2 years ago

Literally the best thing that could happen to the world

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jlh 78 points 2 years ago

The EU about to unleash the pirate parties on the US

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Soulg 20 points 2 years ago

Trump really does feel like what you get if you download "strong_president.mp3" off of livewire

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MutilationWave 14 points 2 years ago

strong_president.mp3.exe

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knolord 56 points 2 years ago

Thanks for context!

I hope that as soon as the US will act more iffy, these countermeasures will kick in, as even the US should know then that they aren't all mighty.

I don't know if you have more info, but are these measures reversible or absolute?

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jlh 30 points 2 years ago

The regulation text says that the measures are enacted by the European Commission putting out an implementing act. Article 7 says that they may repeal the implementation if the third country resolves the conflict. So it seems that they can only remove the measures if the third country gives up.

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barsoap 24 points 2 years ago

There's also other fun regulations like it being illegal for EU companies to comply with US sanctions on Cuba. If they ever hit a roadblock of any kind they're required to contact the EU commission who will help out in the form of civil servants specialised in sanction busting.

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samus12345 13 points 2 years ago

the EU can just suspend American patents and copyrights

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khannie 8 points 2 years ago

Heads up that last link is broken.

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jlh 7 points 2 years ago

Ah thank you, fixed now.

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Honytawk 6 points 2 years ago

This feels like parental punishment and I'm all for it. lol

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atro_city -7 points 2 years ago

The EU would need to have the balls first. USAian propaganda has seeped into this continent for so long that it has affected the populace deeply. If the EU did something to threaten iPhone, WhatsApp, or Starbucks availability in the EU, that would be cause for an uprising.

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Brainsploosh 75 points 2 years ago

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atro_city -7 points 2 years ago

What's cited is a little bit more than those regulations, homie.

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Brainsploosh 45 points 2 years ago

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brucethemoose 20 points 2 years ago

Well, many American companies would riot at their government if their patents in the EU were suddenly void.

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MutilationWave 4 points 2 years ago

I really hope they do it and you're right.

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jlh 11 points 2 years ago

Signal is simply just better than whatsapp, and I don't think starbucks would be affected. I guess Apple could OTA brick iphones though, true.

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scutiger 8 points 2 years ago

Imagine if you could open up your own Starbucks anywhere in the EU, including using logos etc. without having to deal with franchising from an American company.

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barsoap 8 points 2 years ago

Why would you want to advertise that you have worse coffee than everyone else.

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Taleya 4 points 2 years ago

Go speak to a frenchman

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abfarid 112 points 2 years ago

I just realized that I had forgotten about polandball and now I miss it.

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barsoap 17 points 2 years ago

!polandball@lemmy.world: 273 subscribers
!polandball@lemm.ee: 110
!polandball@sopuli.xyz: 51
!Polandball@kbin.social: 4

Given .world is a huge instance I vote for .ee. Go subscribe and post!

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abfarid 1 point 2 years ago

That's weird, your message says .world has 273 subscribers, but if I open the sidebar it says 0.

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barsoap 3 points 2 years ago

Maybe noone from startrek.website is subscribed there? Lemmy is lazy when it comes to these kinds of things, not caring to keep up with foreign communities if noone is interested.

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Valmond 15 points 2 years ago

Me too!

Now I wonder about the etymology of polandball ...

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Soulg 21 points 2 years ago

Well you see, they took the flag of Poland, and drew it as a ball

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deus 8 points 2 years ago

Now do Kazakhstanbrick!

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Sibbo 43 points 2 years ago

Is EU not tariffed yet?

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theUwUhugger 75 points 2 years ago

Probably won’t be either! The original purpose of our alliance was precisely so that our very small and smallish countries wouldn’t be fucked by economic superpowers!

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driving_crooner 4 points 2 years ago

Hope Mercosur get to that level kn my lifetime

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jlh 42 points 2 years ago

nope

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SpaceNoodle 27 points 2 years ago

It's not morning yet

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Manmoth -22 points 2 years ago

The US and Britain blew up the Nordstream pipeline. The EU is dependent on the US for energy unless they devise a solution with Russia. This will be used to America's advantage.

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Varcour 21 points 2 years ago

I hear Canada has a fair bit of oil they used to sell to the US. Maybe they are looking for a new trade partner?

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Manmoth -13 points 2 years ago

They can do that if they want the US to leave NATO or something else to that effect. There is no equal and opposite recourse.

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AbsoluteChicagoDog 12 points 2 years ago

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Manmoth -10 points 2 years ago

Yeah and even you know about it which means that it's probably a negotiating tactic.

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Taleya 6 points 2 years ago

US is already heading that way, very little to lose.

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yurop

@lemm.ee

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A laid back community for good news, pictures and general discussions among people living in Europe.

Topics that should not be discussed here:

European news/politics:
Ukraine war: !ukraine@sopuli.xyz

Other casual communities:

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