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

Fed-and-SEC desk, TradeNews USA (2026-07-24): What to know about Trump’s new tariffs on more than 80 countries Donald Trump has threatened the European Union with additional and “substantial” tariffs… Primary source: original at The Guardian (theguardian.com).

· The Guardian

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

Donald Trump has threatened the European Union with additional and “substantial” tariffs after Brussels imposed a series of steep fines on US tech giants.

The US president accused Brussels of taking “direct aim” at several American companies including Apple, Meta Platforms, Amazon and Google, writing in a Truth Social post: “The United States of America is not a ‘PIGGYBANK’ for Europe, nor will we allow it to be!”

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