The National Foreign Trade Council, a major US trade body, has expressed disappointment at the Australian government's plan to expand its News Bargaining Incentive (NBI) to include more big tech platforms, including Microsoft's LinkedIn. According to Media | The Guardian, this move is part of a broader effort to make tech giants pay for Australian journalism. The development comes amid trade tensions between the US and Australia, including newly increased tariffs on Australian goods.
The National Foreign Trade Council's statement includes a veiled warning about how the US, under Donald Trump, may respond to the 'deteriorating trend' of Australia's efforts to regulate big tech. The Australian government's plan aims to expand the NBI to take in more platforms, but some experts argue that the government is not going far enough. The exact details of the plan and the potential consequences of the US response are not fully clear from the available information.
The context of this development is the ongoing debate over how to regulate big tech companies and ensure they pay for the content they use, with Australia being at the forefront of these efforts. The situation is also complicated by existing trade tensions between the US and Australia.