Trump Casa Bianca Jeopardizza Accordo di dati UE-USA: Ministero tedesco
https://www.euronews.com/next/2025/04/17/trump-white-house-jeopardises-eu-us-data-deal-german-ministry
di SPXQuantAlgo
Trump Casa Bianca Jeopardizza Accordo di dati UE-USA: Ministero tedesco
https://www.euronews.com/next/2025/04/17/trump-white-house-jeopardises-eu-us-data-deal-german-ministry
di SPXQuantAlgo
3 commenti
The German Interior Ministry has expressed concerns about the future of the data transfer agreement between the EU and US after the Republican administration of President Donald Trump vowed to review, and possibly repeal, all the decrees signed by his predecessor.
The current agreement, known as the EU-US Data Privacy Framework and used by businesses on both side of the Atlantic for data transfers, is based on commitments made by the US administration led by Democrat Joe Biden, which were set out in an executive order. There are now fears that Trump could lift the legal basis for the agreement.
The German ministry told newspaper Handelsblatt that “legally secure” data transfers are of “great importance” for the German economy. Many businesses depend on cloud storage from the US for example, with Amazon Web Services, Microsoft and Google as dominant services.
The concerns of the ministry were echoed by privacy group NOYB, which told Euronews that the European Commission “has always relied on a mosaic-puzzle approach” which when pieced together is sufficient to prove adequacy when drafting the agreement with the US.
Why are they worried. They have to store their data in the EU by law and have data officers, the US gov can’t change that. Even if he repeals the agreement, the laws will still remain in place, and if us companies don’t follow them they will get excluded from the market. So those German cloud services won’t go anywhere.
Art of the deal again