President Trump has pledged to retaliate against the European Union over what he claims are unfair fines targeting Apple and other American tech giants. Here are the details.
‘America is not a “PIGGYBANK” for Europe’
As spotted by CNBC, President Trump has published a lengthy post on Truth Social, threatening to impose a “substantial” tariff on the European Union in response to fines levied against Apple and other US tech giants.
In his post, Trump mentions the EU’s recent €890 million fine against Google for allegedly favoring its own services in violation of the Digital Markets Act. He also lists previous fines against Apple, Meta, and Amazon, accusing the EU of punishing American companies “for no reason at all”.
He goes on to threaten that the EU “will pay a very big price” for what he claims is an “illegal and highly unethical conduct,” and goes on to pledge that these “penalties will be entirely reversed.”
