Summary:
- South Korea is considering a new law that would impose a $1 trillion fine on major US tech companies like Google, Apple, and Meta (Facebook) if they don't comply with certain regulations.
- The proposed law aims to give the Korean government more control over the algorithms and content moderation practices of these tech giants, which could have significant economic consequences for South Korea.
- Experts warn that this crackdown on US tech companies could lead to retaliation from the US government, potentially harming South Korea's economy and trade relationships with its largest partner.