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> imagine the EU-US relationship suddenly turning very hostile

It doesn't need to be suddenly hostile, it already is for decades. This is about economical competition and not trusting foreign agencies (like NSA, CIA, etc.) which are known to spy on European data and abusing it for the benefit of US-companies. Since Snowden there are several long-running discussions about independence of data, and USA being unreliable in their laws and actions.



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