Canada, Australia, Japan trade bodies fret over being left out in made-in-Europe drive

Bloomberg

Jun 08

BRUSSELS - Europe’s push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies...

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Europe’s push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/international/2026/06/08/canada-australia-japan-trade-bodies-fret-over-being-left-out-in-made-in-europe-drive/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canada, Australia, Japan trade bodies fret over being left out in made-in-Europe drive</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanada, Australia, Japan trade bodies fret over being left out in made-in-Europe drive\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-08 22:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/international/2026/06/08/canada-australia-japan-trade-bodies-fret-over-being-left-out-in-made-in-europe-drive/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BRUSSELS - Europe’s push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/international/2026/06/08/canada-australia-japan-trade-bodies-fret-over-being-left-out-in-made-in-europe-drive/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DACE.AU","symbol_name":"DIMENSIONAL AUST CORE EQ","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/international/2026/06/08/canada-australia-japan-trade-bodies-fret-over-being-left-out-in-made-in-europe-drive/","article_id":"2641438835","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/P66KWIOP6QMBCIYLBGRJLLKAFQ.jpg?smart=true&auth=0ab65e650823471876c31959ffdabd30a44442aa24f1c70d170994e2e3ffc326&width=800&height=450"],"rights":{"source":"bnn_bloomberg_highlight","url":"https://www.bnnbloomberg.ca/business/international/2026/06/08/canada-australia-japan-trade-bodies-fret-over-being-left-out-in-made-in-europe-drive/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2641438835","pubTimestamp":1780930620,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"Europe’s push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies in Canada, Australia and Japan warned on Monday.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"DACE.AU":"DIMENSIONAL AUST CORE EQ","GIVE.AU":"PERPETUAL ESG AU SHR EQMF","VAS.AU":"VANGUARD AUST SHARES IDX ETF","XAO.AU":"标普/澳交所 普通股指数","E200.AU":"SPDR S&P/ASX 200 ESG FUND","IOZ.AU":"iShares Core S&P/ASX 200","XJO.AU":"标普/澳交所 200指数","BEAR.AU":"BETASHARES AUS EQ BEAR HF","OZF.AU":"SPDR S&P/ASX 200 FINANCIALS","XKO.AU":"标普/澳交所 300指数","STW.AU":"SPDR® S&P/ASX 200 ETF","OZR.AU":"SPDR S&P/ASX 200 RESOURCES F","EPV":"ProShares UltraShort MSCI Europe","SLF.AU":"SPDR S&P/ASX 200 LISTED PROP","IMLC.AU":"INV MUTUAL CONC AUS SHAR ETF","IIGF.AU":"Intelligent Investor Australian Equity Growth Fund (Managed Fund)","QFN.AU":"BetaShares Australian Fincls Sect ETF","EIGA.AU":"EINVEST INCOME GENERATOR FD","QRE.AU":"BetaShares Australian Res Sect ETF","IISV.AU":"INTELL INV SELVAL SHR FD MF","ZYAU.AU":"Etfs S&p/asx 300 High Yield Plus Etf","BBOZ.AU":"BETASHARES AUSTRALIAN STRONG BEAR (HEDGE FUND)","VAP.AU":"VANGUARD AU PROP SEC IDX ETF","GEAR.AU":"BETASHARES GEARED AUS EQTY F"},"translate_title":"加拿大、澳大利亚和日本贸易机构担心在欧洲制造运动中被排除在外","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DACE.AU":0.6,"VAS.AU":0.6,"STW.AU":0.6,"SLF.AU":0.6,"EIGA.AU":0.6,"E200.AU":0.6,"BEAR.AU":0.6,"OZR.AU":0.6,"QFN.AU":0.6,"VAP.AU":0.6,"ZYAU.AU":0.6,"QRE.AU":0.6,"EPV":0.66,"XAO.AU":1.5,"XKO.AU":1.5,"IOZ.AU":0.6,"OZF.AU":0.6,"IISV.AU":0.6,"XJO.AU":1.5,"IIGF.AU":0.6,"GIVE.AU":0.6,"GEAR.AU":0.6,"IMLC.AU":0.6,"BBOZ.AU":0.6},"content_text":"BRUSSELS - Europe’s push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies in Canada, Australia and Japan warned on Monday.The warning by the Tech Council of Australia, the Canada EU Trade and Investment Association, the Japan Association of New Economy and tech lobbying group CCIA came a week after the European Commission proposed laws to boost homegrown cloud, AI and chip industries and cut dependence on U.S. tech giants such as Google and Microsoft.EU telecoms ministers will on Tuesday discuss the proposal, which needs to be thrashed out with EU countries and the European Parliament in the coming months before it can become law.The trade groups expressed concerns about proposed market access requirements against companies headquartered, or owned or controlled, outside the EU, saying these would significantly affect their members’ participation in the European digital ecosystem.“Approaches that rely on a vendor’s corporate structure, jurisdictional exposure, or geographic origin when determining eligibility – whether that’s for providing cloud, AI, or software – could lead to uneven treatment of suppliers,” they said in a joint letter to EU ministers.That could reduce opportunities for trusted companies that have long been investing in Europe’s digital development, they added.They warned that restricting customer choice in how services can be sourced or deployed could lead to inefficiencies, jack up costs, and complicate cross-border business models.“We would therefore encourage Member States and the European Parliament to ensure that CADA is revised in a manner that remains consistent with the principles of non-discrimination, proportionality, and openness to key trade partners,” they said.CADA (the Cloud and AI Development Act), is a key plank of Europe’s tech sovereignty drive.Reporting by Foo Yun Chee; Editing by Jan Harvey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}