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US Ambassador Warns EU of Devastating Retaliation Over Tech Restrictions

European companies could face “devastating” retaliation from Washington if Brussels restricts American tech rivals, the U.S. ambassador to the European Union said on Oct. 19. Ambassador Andrew Puzder told The Financial Times that European businesses should be wary of possible retaliatory measures, given the size of the U.S. market. Puzder questioned whether restricting American competition would improve the competitiveness of European companies. “If…
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