Trump admin says the EU fine on Meta and Apple will not be tolerated

  • It was only 24 hours ago that Trump eased back on threatening the EU, another flip flop now

A White House statement says that the European Union fine on Meta and Apple is a novel form of economic extortion and will not be tolerated.

  • Apple was fined US$570 million and Meta US$228 million - European Union antitrust regulators handed out the fines

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Only yesterday Trump said the EU was not taking advantage any more, see the pic, about a third of the way down.

Now they are back being naughty again?

The thing this highlights is that this is a headline-driven market folks. On the whims of one person.

trump eu tariffs Thursday, April 24, 2025

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