US threatens Germany with retaliation over streaming investment law (faz.net)
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- US Trade Representative Greer threatens retaliation over German streaming investment law.
- Canada raises streaming investment quota from 5% to 15%, prompting US retaliation threats.
- US lobby groups urge sanctions; CRTC defends actions as Canadian law enforcement.
"US Trade Representative Jamieson Greer criticized Germany's draft law requiring streaming services to invest in domestic film production, calling it discriminatory and a violation of the Turnberry Agreement between the EU and the US. He threatened retaliation. The US also threatened Canada after its regulator CRTC raised the investment quota for streaming platforms from 5% to 15%. US Ambassador to Ottawa Pete Hoekstra accused Canada of erecting new trade barriers. Lobby groups are pushing for sanctions against Canada."
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