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Comment by paulie_a | Hacker News Reader

I think palantir is CIA related... They probably are not going to worry about pesky international regulations

Sanctions? I am not sure the EU has enough clout to pull that off against something the likes of Palantir, I am sure that they would have to know it is there before they could ask for removal and FIOA or other legal devices are not going to be enough pry that open under this administration.

That's what sanctions are for. But I highly doubt the EU will ever sanction the US as they are so dependant on them.

EU has more people and an equivalent sized economy.

The EU could stand up to the US if they felt it mattered.

Other than defence partnerships the EU is no more dependent on the US than the US is on the EU.

It's a two way street.

Unless you think the US would be happy to walk a way from the largest single market in the world (by GDP).

Except the EU isn’t a country. Poland doesn’t have the same incentives that Greece might, as an example.

Except trade deals and regulations are negotiated/implemented top down.

So the EU has teeth if the US pushed it too far.

It's hard to get the EU to agree on a lot of things but something sufficient to make the EU consider punishing the US would likely be important enough they would agree.

The USD is currently 62.70%[1] of all currency reserves. If you lose the ability to trade in dollars you are screwed and the US knows this.

[1] https://en.wikipedia.org/wiki/Reserve_currency

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