Matthew Lynn

Trump is doing us a favour by targeting our dreadful tech laws

It will be an unacceptable intrusion on our sovereignty. And it will pave the way for American domination of the internet. Ministers will no doubt be appalled by the suggestion by President Trump that he will impose tariffs on the UK if we don’t rip all the tech legislation that he doesn’t like, especially if that is driven by his new friends in Silicon Valley. But hold on. Sure, the interference in our domestic regulation is unwelcome. And yet, Donald Trump may also be doing us a favour – we have passed some terrible legislation and we would be better off without it. 

The UK may soon face tariffs from the US, by far our largest export market, if we don’t make changes to the way we regulate the tech industry.

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Written by
Matthew Lynn

Matthew Lynn is a financial columnist and author of ‘Bust: Greece, The Euro and The Sovereign Debt Crisis’ and ‘The Long Depression: The Slump of 2008 to 2031’

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