Tim Cook Called To Complain About Billions In EU Fines Imposed On Apple, Says Trump: 'I'm Not Going To Let Them Take Advantage Of Our Companies'
Portfolio Pulse from Ananya Gairola
Donald Trump discussed with Apple CEO Tim Cook about the EU's financial penalties on Apple, totaling $17 billion. Trump expressed his intent to protect US companies from such fines if elected.
October 18, 2024 | 2:28 am
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Apple faces significant financial penalties from the EU, totaling $17 billion, which could impact its financials and stock price. Trump has expressed support for protecting US companies from such fines.
The EU's $17 billion fines on Apple are substantial and could negatively impact its financials and investor sentiment. Trump's support may provide some reassurance, but the immediate financial burden remains.
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