During a speech at the World Economic Forum in Davos, President Donald Trump expressed his dissatisfaction with how European Union regulators are handling cases against major U.S. tech companies like Google, Meta, and Apple, calling it a form of taxation. Trump referred to a significant court ruling where Apple was ordered to pay back €13 billion in taxes due to illegal tax incentives in Ireland. This clash signals a potential long-term dispute between the Trump Administration and the EU, particularly over enforcement of regulations like the Digital Markets Act.
President Trump criticized European Union regulators for their treatment of U.S.-based tech firms, calling the ongoing cases against them a form of taxation.
At the World Economic Forum, Trump highlighted a €13 billion tax case against Apple, arguing it exemplified the EU's aggressive stance on U.S. technology companies.
The EU’s recent rulings against big tech, including ongoing investigations into Google, Meta, and Apple, could prompt escalating tensions between the U.S. and the EU.
Trump’s remarks signal a potential protracted conflict between the Trump administration and European regulators, particularly concerning the application of the Digital Markets Act.
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