Welcome to the EU-US Forum Weekly Tip Sheet, your go-to product for information about the EU-US Forum and its work, timely updates on the dangerous far-left ideas coming out of the European Union, and detailed analysis on the key players influencing European politics.
We send this out weekly to keep you apprised of the most important political and policy topics in Europe as we continue to work toward our mission of exposing the EU’s radical agenda and the threat it poses to the US and Western Civilization.
1. 📄 REPORT: EU’S CS3D IMPOSES MASSIVE COSTS ON US COMPANIES
A new Hudson Institute analysis out this month details the devastating economic impact of the European Union’s Corporate Sustainability Due Diligence Directive (CS3D) on U.S. companies. The findings suggest that compliance with the directive could impose extraordinarily high costs on American industry, despite the regulation originating outside the United States.
According to the report, U.S. firms subject to CS3D requirements may face one-time compliance costs ranging from roughly $637 billion to more than $1 trillion, with ongoing annual costs reaching into the hundreds of billions of dollars. These expenses stem from expanded due diligence obligations, reporting requirements, supply-chain monitoring, operational changes, and reduced productivity.
The analysis also warns of broader economic consequences, including higher prices for consumers, reduced business investment, job and wage pressures across all states, and particularly severe burdens for small and mid-sized companies that lack the resources to absorb complex regulatory mandates.
The report raises important questions for U.S. policymakers and business leaders about the extraterritorial reach of EU regulations like CS3D and the Corporate Sustainability Reporting Directive (CSRD) and its implications for American competitiveness, economic growth, and regulatory sovereignty.
2. 🔨 CRACKS IN EU’S DMA APPEAR AFTER US PRESSURE
The EU this week is easing up on its controversial Digital Markets Act, after pressure from the Trump administration. A new ruling announced the EU will not designate Apple Ads and Apple Maps as “gatekeeper” services under its controversial Digital Markets Act.
The ruling, which removed millions in potential fines and compliance fees for Apple, was celebrated by American tech innovators and served as a welcome sign of potential progress for the other five U.S. companies subject to the regulatory framework. Despite the victory, much remains for American companies to be aggrieved about since Brussels’ decision only spares additional regulatory obligations and fines rather than undoing the many regulations already in place. The DMA’s broader framework is slated to remain in effect and continue imposing crippling requirements on U.S. tech companies to the tune of $1 Billion each year in compliance costs alone.
While limited in scope, the decision nonetheless marks a notable retreat from Brussels’ continued exploitation of American tech companies since the DMA entered force in 2023. And despite Brussels’ best efforts to frame the decision as a routine regulatory outcome, the timing points to a different conclusion: the pressure from the Trump Administration is working.
For the U.S., it is critical that this one decision not distract from the nearly-three years that the EU has leached off of American innovation. There’s no doubt that the Trump Administration will continue its maximum-pressure campaign until the EU adopts a truly fair, balanced approach to American tech.
🚨PRESIDENT TRUMP ENDORSES HUNGARIAN PM ORBÁN FOR REELECTION
President Trump has publicly thrown his support behind Hungarian Prime Minister Viktor Orbán ahead of Hungary’s April 12 parliamentary election, taking to Truth Social to praise him as a “truly strong and powerful leader” with a record of delivering results.
Hungary continues to stand out as a conservative island in a largely left-leaning Europe. PM Orbán’s leadership has made Budapest the center of conservatism in Europe, even as many EU capitals chart different priorities riddled with overregulation and leftist ideology.
PM Orbán, who has governed Hungary for more than a decade, faces one of his toughest electoral tests in years as opposition parties gain ground in the polls. The endorsement marks another chapter in the long-standing alliance between the two leaders and will add an international spotlight to a pivotal vote that could reshape Hungarian politics.
ALSO IN THE NEWS:
- EU-US Forum: Matt @Mowers tells @DLoesch: US “cannot be reliant upon the EU’s policy and regulatory framework” if we want to be in a place to outcompete China in the AI race. Just look at what Brussels is trying to do with the CSRD and CSDDD.
- European Conservative: MCC Brussels Launches Observatory To Expose EU Election Meddling
- Breitbart: Chaos Erupts in Milan as Radical Leftists Clash with Police over ‘Unsustainable’ Olympics
- European Conservative: Fourth Failed No-Confidence Vote Erodes von der Leyen’s Authority
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