In a recent statement, former President Donald Trump has expressed concerns regarding the economic impact of European technology companies. He has indicated a potential imposition of 50% tariffs on several European nations, citing concerns about trade practices and market dominance. Trump has previously voiced criticism of these companies, suggesting they unfairly benefit from European markets. The White House has not yet issued a formal response to these threats. Analysts are examining potential repercussions for European economies and trade relations, considering potential disruptions and adjustments in global commerce.
Credits: Finance & economics