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RE: LeoThread 2025-10-26 22-17

in LeoFinance23 hours ago

Part 2/7:

The move is widely regarded as a pioneering step, with many viewing Australia as at the forefront of this issue. However, the policy faces significant resistance from multinational technology giants such as Google and Meta (formerly Facebook), which are actively working to undermine confidence in the Australian approach within Washington, D.C.

The United States is paying attention, especially President Trump, who has expressed concerns that such regulations could become a trade barrier for American tech companies. Although the issue has not yet become a dominant topic in U.S. political discourse, there is a concern that it could evolve into a significant trade dispute, potentially impacting American-based social media services operating in Australia.