Irrelevant for the UK
For lots of historic reasons (and some truly terrible decisions by governments of both colours), this Anglophone country is completely unable to separate itself from Big Tech. Trump can threaten what he likes and whilst there will be mutterings, we'll continue to dig our hole deeper.
The majority of payments online and on the high street are through Visa and Mastercard, or processed by PayPal or Stripe. Most schools and government institutions run on Microsoft Office, and a large proportion of companies run on Google, Amazon or Microsoft servers. For large online companies (not that we have many), up to a third of their annual expenditure can be for placement in Google or Bing search results. Our cities are gutted by AirBNB, taxis are replaced by Uber and we call our parents on Apple or Android.
Our Post Office is struggling, since Amazon, DHL, FedEx and UPS have aggressively targeted the market and now dominate home and business deliveries, as well as international shipping. Small shops are struggling, since everyone buys from Amazon, Etsy and Ebay. And we're buying things we saw on Netflix, Disney, Prime, Hulu or AppleTV.
Approximately 25% of all online expenditure already goes straight to America, and small businesses can find it impossible in this 'cashless society' to even sell potatoes at the local farmer's market without 10% of the sale going immediately to payment processors in the USA. To many IT people who've never directly sold a thing in their lives, there may already be an awareness of how deeply tech has become entwined, but few understand that this translates to something like two or three thousand pounds additional costs to each and every household, every year. The cost of living crisis is (in part) down to the cost of this invisible infrastructure.
Our government wouldn't think of risking all that infrastructure becoming even more expensive, so they'll remain supine - and will continue to chase shiny new idiocies like AI (also dominated by Silicon Valley) rather than fixing the basic problem that America already taxes each and every one of us every single day of our lives.
Note that this isn't a left or right-wing issue. Nor is it anti-American or especially patriotic. It's just recognising that we've screwed up our economy by allowing key parts of our infrastructure to become a taxable commodity, with the tax being taken largely by Silicon Valley. We are experiencing corporate capture on a national scale.