US threatens 'devastating' sanctions if EU builds rival satellite network

The US has escalated transatlantic trade tensions, with Ambassador Andrew Pázder (also Puzder) explicitly warning of 'catastrophic' and 'devastating' retaliation if the EU restricts American firms' market access, particularly in the satellite and tech sectors. This marks a hardening of US rhetoric, signaling potential economic statecraft escalation, though specific EU measures and US retaliatory actions remain unclear. The threats specifically target potential EU limitations on US satellite operators like Starlink and SpaceX, and the development of a rival EU sovereign satellite network.