EU Set to Raise Trade Barriers and Slap Tariffs on US and China Tech Firms

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European Union officials are pushing President-elect Ursula von der Leyenhave to update its Standards Policy to favor EU tech firms by slapping tariffs on US and China.

During the rise of globalism and internationalization of supply chains, the European Union supported multilateral standards development organizations (SDOs), with the argument that they would ensure greater innovation by providing global users and vendors with common technology platforms that ensure component compatibility.

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