Aegis Insights

Korea now faces a clear choice between abandoning discriminatory policies disguised as domestic regulation or risking losing access to American semiconductors and advanced technologies on which its own tech sector depends.

The EU’s €376 million fine against Intel for decades-old conduct risks weakening a struggling Western chipmaker at a time when China is heavily investing to dominate the semiconductor industry.

With limited bandwidth for negotiations, we can no longer afford to treat all trade sectors equally. The administration should focus on what matters most for America’s economic and national security future: defending our technology industry from foreign attacks.

U.S. trade negotiations must go beyond tariffs to confront the growing trend of foreign governments targeting American tech companies with discriminatory regulations, taxes, and fines. These non-tariff attacks undermine U.S. innovation and global competitiveness and must be a central focus to protect America’s techno-economic leadership.

To maintain global competitiveness, the U.S. should support its leading tech companies, ensuring they have the scale and capital needed to drive AI and technological advancements, rather than subjecting them to restrictive regulations that benefit foreign competitors.

America should reconsider its antagonistic approach toward Big Tech, instead forging strategic partnerships with these firms—similar to China's recent pivot—to maintain global technological leadership and competitive edge in critical fields like AI and semiconductors.

A growing proliferation of antitrust regulations, content-moderation requirements, data-localization mandates, digital service taxes, exorbitant fines and fees, and local content requirements reveals a clear pattern: They are designed to unfairly burden and extract revenue from American Big Tech.

The DeepSeek breakthrough does not vindicate or discredit antitrust policies but is a wake-up call. Rather than celebrating moves to hobble its tech ecosystem, the United States needs a coherent national strategy that leverages all American innovative capabilities to ensure U.S. AI leadership.

The FTC's surprising decision to partner with Chinese-owned Temu in its antitrust case against Amazon reveals a dangerous misalignment between American antitrust policy and national security interests, highlighting how regulatory overreach could end up strengthening China's tech dominance.

The pattern of dominant hi-tech companies isn’t an accident or the result of nefarious deeds; it reflects fundamental industry dynamics—and it has been hugely beneficial. Making sure these businesses remain American should be an overriding policy goal.