Trump threatens EU with ‘substantial’ tariffs over fines of US tech giants

🇺🇸 The Guardian (US) —
Trump threatens EU with ‘substantial’ tariffs over fines of US tech giants

AI Summary

President Donald Trump threatened to impose substantial tariffs on the European Union following the EU's fines on major US tech companies, accusing Europe of unfairly taxing American firms and taxpayers.

After Google fined €890m by EU, US president said Europe is ‘robbing’ American companies and the US taxpayer What to know about Trump’s new tariffs on more than 80 countries Donald Trump has threatened the European Union with “substantial” tariffs after Brussels imposed a series of steep fines on US tech giants. In a post on his Truth Social platform, the US president wrote: “The United States of America is not a ‘PIGGYBANK’ for Europe, nor will we allow it to be!” Continue reading...

World Politics Markets AI & Tech Donald Trump European Union tariffs US tech giants trade conflict fines technology

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