US Criticizes EU's Digital Rules as Targeting American Tech Giants

The Trump administration threatens tariffs over European Union regulations and fines, citing unfair treatment of US firms under the Digital Markets Act.

President Donald Trump signed a memorandum warning of potential tariffs in response to EU digital service taxes and fines targeting US technology companies.
The European Union's Digital Markets Act (DMA) imposes strict regulations and fines, up to 10% of global annual revenue, on designated 'gatekeeper' firms, most of which are US-based.
US lawmakers, led by Rep. Jim Jordan, demand clarification from EU antitrust chief Teresa Ribera, alleging the rules unfairly disadvantage American firms while benefiting European and Chinese competitors.
The EU defends its regulations, stating they apply equally to all companies and aim to ensure fair competition and consumer choice within the digital market.
Tensions escalate as the Trump administration accuses the EU of using its laws to impose a 'tax' on American companies, with bipartisan support for addressing these concerns.