- The EU is countering U.S. tech dominance via industrial strategy, reducing reliance on foreign tech providers.
- The plan, called a 'tech sovereignty package,' aims to boost European players to eventually challenge U.S. rivals.
- It is partly motivated by former U.S. President Donald Trump's weaponization of Europe's dependence on American firms.
- The European Commission emphasized it is not picking a direct fight with U.S. digital giants.