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2 sources·Started 4d ago·Updated 4d ago
Trump announces new EU tariffs over fines on US tech giants
Donald TrumpUnión EuropeaAppleAmazonMetaGoogleComisión EuropeaEstados Unidos
Sources
2outlets
ABIN
Coverage
2articles
President Donald Trump announced new tariff increases on the European Union on Friday, retaliating for fines imposed on major US technology companies. Trump accused the EU of "attacking" American firms such as Apple, Amazon, Meta, and Google without justification, and warned that the bloc would "pay a very high price" Source: abces.
The announcement follows a recent Google fine of $1 billion, bringing total EU penalties against the company to over $18 billion. Trump described the EU's actions as "illegal and highly discriminatory" and said the US would impose a "substantial tariff" on the EU as soon as possible Source: infobae.
Background
The EU has fined these companies for violating European competition and privacy laws. A European Commission official responded positively to the tariff announcement, noting that the existing 10% tariff on EU goods remains in line with the trade agreement, and that exemptions for products like cork and diamonds continue Source: abces. The tariff threats come a day after Trump announced a broader round of tariffs against nearly 60 countries over forced labor concerns.
Sources
3 quotesabces↗
“«La Unión Europea pagará un precio muy alto por esta conducta ilegal (...) Las sanciones serán revocadas por completo y prevemos que se les impondrá un arancel sustancial lo antes posible», ha advertido el presidente de Estados Unidos.”
infobae↗
“Trump ha anunciado que pondrán en marcha una investigación acerca de estas prácticas «ilegales y nada éticas» que la UE ha ido imponiendo a las compañías estadounidenses que, en el caso de Google, suman ya más de 18.000 millones de dólares (unos 15.000 millones de euro), ha dicho.”
abces↗
“La Comisión Europea ha valorado en las últimas horas de manera positiva esta medida, puesto que, en su caso, se mantenía ese 10%, en línea con el acuerdo comercial alcanzado. Además, recuperan exenciones para productos como el corcho y los diamantes.”