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Trump warns EU over company fines
U.S. President Donald Trump refused to impose European Union fines on American tech companies, considering the European practices to be illegal and discriminatory. Trump announced his administration's immediate investigation into what he described as "plundering American companies and taxpayers," pointing out that fines imposed on companies like Apple, Meta, Amazon, and Google have totaled more than $18 billion collectively, and that Europe will pay a heavy price for this behavior. Trump also threatened to lift sanctions and impose significant tariffs on the European Union in response to two fines the bloc imposed on Google, totaling nearly one billion euros, due to preferential practices and anti-competition violations.
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