Trump spokesman cautions Australia over latest plan to punish Big Tech
The White House views social media regulation as a kind of “extortion” and has suggested officials will raise Australia’s new laws in future trade talks.
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The White House has signalled concerns over Australia's latest plan to clamp down on social media and tech companies, warning that President Donald Trump considers such policies extortionate.
The National Foreign Trade Council, a US business association, has also criticized Australia's change in tax treatment for cloud computing and streaming services.
- President Donald Trump has made his stance on the issue unequivocally clear.
- The US may use trade talks as a means to address concerns over Australia's tech regulations.
Who's reporting it
Why it matters
The issue may impact the global tech industry and trade relationships
- Potential trade tensions between the US and Australia
Timeline
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Axios: Trump's next trade weapon
13h ago
Brisbane Times (AU): The White House views social media regulation as a kind of “extortion” and has suggested officials will raise Australia’s new laws in future
13h ago
Sydney Morning Herald - Latest News (AU): The White House views social media regulation as a kind of “extortion” and has suggested that officials will raise Australia’s new laws in f
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