Trump Supports Tim Cook Against EU's $17 Billion Fines on Apple
- Tim Cook communicated with Donald Trump about $17 billion in fines levied against Apple by the EU.
- The fines were triggered by antitrust issues and back taxes connected to a court ruling in Ireland.
- Trump pledged to safeguard U.S. businesses from foreign penalties, should he win the presidency again.
In the United States, Donald Trump revealed that he recently conversed with Tim Cook, CEO of Apple Inc., who expressed his dissatisfaction with significant fines imposed on the company by the European Union. Cook informed Trump about a $15 billion fine, along with an additional $2 billion penalty. The EU's fines stem from previous legal battles that disadvantaged Apple financially, including a recent case concerning back taxes owed to Ireland. Trump empathized with Cook, noting his own experiences with regulatory penalties, and pledged his support to protect American businesses if he is re-elected. This conversation highlights ongoing tensions between major U.S. corporations and European regulatory authorities, particularly regarding antitrust issues and tax regulations. As Trump's electoral campaign progresses, he continues to attract attention by aligning himself with major tech figures like Cook, while vowing to address perceived injustices against American companies by foreign governments.