Particle.news

Download on the App Store

Trump Claims Call from Apple CEO on EU's $17 Billion Fines

Donald Trump reported a conversation with Tim Cook, where the Apple CEO expressed concerns over significant financial penalties imposed by the European Union.

Apple CEO Tim Cook talks with U.S. President Donald Trump as they participate in an American Workforce Policy Advisory Board meeting in the White House State Dining Room in Washington, U.S., March 6, 2019. REUTERS/Leah Millis/File Photo
Apple CEO Tim Cook speaking with former President Donald Trump during a meeting at the White House in March 2019.
Image
Image

Overview

  • Donald Trump stated that Apple CEO Tim Cook called him to discuss the EU's recent fines totaling $17 billion against the company.
  • The fines include a $14 billion back tax payment to Ireland and a $2 billion antitrust fine for restricting competition in the music streaming market.
  • Trump claimed he assured Cook that he would prevent the EU from taking advantage of American companies if he is elected.
  • Apple has not confirmed the call, and the EU maintains that its fines are meant to ensure fair competition and compliance with regulations.
  • The conversation highlights ongoing tensions between major tech firms and European regulators over regulatory practices and competition laws.