Trump Targets EU Tech Fines with Tariffs | Business and Finance News

Trump’s administration is poised to retaliate against the EU over hefty tech fines, threatening to cancel penalties on giants like Google, Apple, and Amazon — calling the EU’s actions “robbery” and framing them as unfair targeting of U.S. companies. Leveraging Section 301 of the Trade Act of 1974, Trump signals readiness to impose steep tariffs in response, framing the EU’s enforcement of its Digital Markets Act as an attack on American commerce — a showdown that could ignite major economic tensions. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ff7018c42f7d1222