The United States is going ahead with a plan to impose tariffs of about US$880 million (A$1.2 billion) annually on goods from six countries that have levied taxes on digital companies.
The European Commission, the executive arm of the EU, has proposed new laws under which technology companies can be fined up to 10% of their global turnover and also face orders to split up.
Chinese telecommunications equipment vendor Huawei Technologies has welcomed the steps outlined by the Federal Government's Industry Advisory Panel on the country's next cyber security strategy, saying the IAP chief Andrew Penn agreed with Huawei's submission that the best approach to cyber security was to secure the supply chain and build an independent testing regime for all vendor equipment.
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