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Filtering by entity: American Tech Companies | Clear Filter
Summary:The post discusses Europe's substantial fines on major American technology companies, including Google and Apple, characterizing these actions as unfair and detrimental to American investments and jobs. It asserts that the author's administration would not tolerate such discriminatory actions and threatens to initiate a Section 301 proceeding to nullify these penalties.
Sentiment:Challenging
Key Claims:
- Europe has imposed a $3.5 Billion fine on Google.
- This fine, and others like it, divert money from American investments and jobs.
- Europe has issued many fines and taxes against Google and other American Tech Companies, notably a $17 Billion fine against Apple.
- These actions are very unfair and discriminatory.
- The American Taxpayer will not tolerate these actions.
- The author's administration will not allow these discriminatory actions to stand.
- The $17 Billion fine on Apple should be refunded.
- Such actions impede American ingenuity.
- If these penalties continue, the author will be compelled to initiate a Section 301 proceeding to nullify them.
Potential Market Impact (S&P 500):7/10
Potential Geopolitical Risk:7/10
Potential Global Cross-Asset Impact:7/10
Summary:The post declares that as President, Donald J. Trump will confront countries implementing digital taxes, digital services legislation, and digital markets regulations deemed discriminatory against American technology companies, particularly as they provide a pass to China's tech companies. He announces a policy to impose substantial additional tariffs on offending countries' exports to the U.S.A. and institute export restrictions on highly protected technology and chips if these discriminatory actions are not removed.
Sentiment:Threatening Policy Directive
Key Claims:
- Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are designed to harm or discriminate against American Technology.
- These regulations give a complete pass to China's largest Tech Companies.
- These discriminatory actions must end immediately.
- As President, Donald J. Trump will impose substantial additional Tariffs on that Country's Exports to the U.S.A. if discriminatory actions are not removed.
- As President, Donald J. Trump will institute Export restrictions on Highly Protected Technology and Chips if discriminatory actions are not removed.
- America and American Technology Companies will no longer be exploited as the 'piggy bank' or 'doormat' of the World.
- Countries must show respect to America and its Technology Companies or consider the consequences.
Potential Market Impact (S&P 500):7/10
Potential Geopolitical Risk:3/10
Potential Global Cross-Asset Impact:7/10
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