Opinion by Mathew Carr (not investment advice)

July 21, 2025 — EU considers retaliation in President Donald Trump’s trade war by preparing digital services levies, according to the Financial Times.

Other countries around the world will consider this logical way to boost government revenue and claw back tax revenue lost to Ireland and the US.

Trump’s tariffs are about to backfire.

WordPress AI

America’s social media giants + Amazon + Netflix + Uber (etc) are vastly overvalued in the market because — by definition — it’s very easy to switch away from online companies. They are mere middle men (like the banks are too).

NOTES

This is a CarrZee win:

Hit Trump where it hurts; Mega tariffs on social media will make Europe great again (that’s MEGA, too) (1)

US-UK-(India?) trade deal emerges a few hours after CarrZee suggests massive Europe tariffs on American social media (2)

Mumsnet Replacing Bloomberg Shows How Overvalued and Fragile the Tech Companies Are

No, the tech rout is not about ‘tariffs’ or ‘stagflation’, it’s structural; the next dot-com bust + EU cowardice? (1)