Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD Bank of England Statistics AD Investing.com Markets AD LSEG Data AD CME Group Education
FCA & Rules

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

City noticeboard, Trade Hub UK (2026-07-25): 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).

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!”

Continue reading...