What doesn't get talked about in these articles is the increasing impact to small business in the US.
I run a small business (scanii.com) and I've noticed over the past year an increasing number of customers leaving us to European competitors, customers that have been happy with us for years, using our European region, but now have concerns over US foreign policy and are giving preferred treatment to EU suppliers. When I asked they said, I'm paraphrasing here, "happy with the product but management wants EU supplier".
What this means in practical terms is that, if the tide doesn't change, US entrepreneurs will have a potential buyer population that is roughly cut in half if they can only sell to US buyers. This will have a cascading negative effect in the number of startups that succeed - impossible to quantify at this point.
Large corps can skirt around this issue by establishing an EU entity and trying to buy goodwill that way but that's not an option easily available to small businesses.
I fear rough waters ahead.
Yes European GDP, especially buying power has been pretty flat over last decades. They simply cannot afford US made products anymore.
> using our European region
To be fair, it was always obvious to anyone with half a brain that "European region" from a US provider was fake-EU.
The problem is that PARIOT act, CLOUD act and everything else has gone from being a paper tiger to real and present danger. No longer a theoretical risk.
So even people willing to previously turn a blind eye to the crystal clear risks can no longer do so.
It is also no longer possible to trust those tasked with implementing it not to bow to political pressures.
A long time ago now, Microsoft (Azure) put up a fight when the US came calling for some data hosted in their "EU (Ireland) region". I think there is zero chance of them putting up a fight today if Donny boy picked up the phone to Satya .
And that's before we get to the example of a Texas court ordering Verisign to cut off the .com domain from a Dutch company.[1]
Sadly I have limited sympathy for a country that having witnessed Donny's first term thought "you know what, we'll have more of that" and voted accordingly.
[1] https://www.texasattorneygeneral.gov/news/releases/attorney-...