Global trade bodies warn EU tech drive may shut out firms
Trade groups from Australia, Canada, and Japan warn that EU tech laws could exclude non-European firms. They urged ministers to maintain open market access.
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Trade bodies from Australia, Canada, and Japan warned that the European Union's proposed tech laws could exclude non-EU firms from its market. The joint statement follows a European Commission proposal to subsidize homegrown cloud, AI, and semiconductor industries to reduce reliance on foreign technology. The move signals a shift toward regional tech sovereignty that may impact international trade partnerships and market access for global suppliers.
