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At close · Thu, Jul 23, 2026
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HomeGlobal MarketsTrade & TariffsTrump threatens EU with substantial tariff over penalt…

Trump threatens EU with substantial tariff over penalties on US tech

The threat follows an EU fine on Google and earlier actions targeting US tech companies including Apple, Meta, and Amazon.

CNBC Markets reports that Donald Trump said on Truth Social he would impose a substantial tariff on the European Union, accusing it of harming US tech companies.

The comments pointed to an EU fine on Google and earlier penalties involving major US firms, including Apple, Meta, and Amazon.

CNBC World carried similar details from the same Truth Social post, framing the latest tariff threat around what Trump described as the EU robbing the US tech sector.

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