Monday, August 3

Tag: Apple

25Jul By AdminsNo Comments

Trump says US will investigate EU trade practices, claiming the bloc unfairly fined tech giants

The United States will open a formal investigation into the European Union’s trade practices, US President Donald Trump said on Friday, claiming the bloc has unfairly levied billions of dollars of fines against Google, Apple and other US tech giants. The Republican president made the announcement a day after the EU hit Google with a fine of €890 million ($1.5 billion), after it said the technology behemoth broke digital antitrust regulations by setting up Google Play and its ubiquitous search engine to corral consumers toward its own services and apps to the detriment of competitors. A woman walks by a giant screen displaying the Google logo at an event at the Paris Google Lab on the sidelines of the AI Action Summit in Paris, Feb. 9, 2025. AP Photo/Thibault Camus ...
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25May By AdminsNo Comments

Trump threatens 50 per cent tariffs on EU and 25 per cent penalties on Apple as his trade war intensifies

US President Donald Trump on Friday threatened a 50 per cent tax on all imports from the European Union as well a 25 per cent tariff on Apple products, unless iPhones are made in America. The threats, delivered over social media, reflect Trump's ability to disrupt the global economy with a burst of typing as well as the reality that his tariffs have yet to produce the trade deals he is seeking or the return of domestic manufacturing he has promised voters. The Republican president said he wants to charge higher import taxes on goods from the EU, a long-standing US ally, than from China, a geopolitical rival that had its tariffs cut to 30 per cent this month so Washington and Beijing could hold negotiations. US President Donald Trump on Friday threatened a 50 per cent t...
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