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President Trump's tariffs threat tests EU's resolve to hurt Apple and Meta

Business Standard LogoBusiness Standard10h ago

President Trump's tariffs threat tests EU's resolve to hurt Apple and Meta - Business Standard

Quick Summary:

While there are no legal deadlines for fines in the DSA, platforms risk penalties of up to 6 per cent for noncompliance.

The US President warned last week that he’d strike back with heavy tariffs following any “disproportionate” penalties and said that the EU’s Digital Markets Act is in his crosshairs.

The 27-nation EU has flexibility in how it calculates those fines and could opt for levels that are much less threatening to Trump and Silicon Valley.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 14:10:37 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 584 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26454550

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 227 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

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The story "President Trump's tariffs threat tests EU's resolve to hurt Apple and Meta" was covered 10 hours ago by Business Standard, a news publisher based in India.

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It's most recent story was published 2 hours ago.

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  • URL: https://chronographically.beamstart.com/news/president-trumps-tariffs-threat-tests-174056029682

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