Tech companies invoke possibility of Trump’s wrath in fight against Labor’s media laws

AI Summary

Tech giants are opposing Australia's proposal to force them to pay news companies, claiming it violates the Australia-US free trade agreement. They also warn of potential retaliation from the Trump administration, highlighting tensions in media regulation and international trade relations.

Tech giants claim Australia’s free trade agreement with the United States will be violated, as they try to kill a proposal to force them to pay news companies Tech companies are invoking Australia’s free trade agreement with the United States, and threats of a Trump administration retaliation in a bid to kill off the federal government’s proposal to force them to pay news companies. The news media bargaining incentive is designed to force Meta, Google and TikTok to make commercial deals with Australian media outlets, or be forced to pay a dedicated 2.25% levy on local revenues. Continue reading...