The percentage seemed arbitrary and it being retroactive seemed excessive and unnecessary. We depend on US content so much you couldn't possibly function on the internet without it. It'll force the US to limit services so we'll be forced to use Chinese or European services and for what benefit? I use an adblocker and pirate most my stuff so no one is making money off me.
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Since when is buying what we prefer considered negative? Calling it an excuse seems short-sighted.