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Fortune
Fortune
David Meyer

China and Europe target Big Tech in scramble to fight back against Trump's tariff broadside

U.S. President Donald Trump talks to reporters after signing an executive order, "Unleashing prosperity through deregulation," in the Oval Office on January 31, 2025 in Washington, DC. (Credit: Chip Somodevilla—Getty Images)

The U.S. tech industry has allied itself with President Donald Trump, partly in the hope that he will protect their interests abroad. But that also makes them a target for countries that want to push back against Trump’s tariffs.

On Wednesday, the day after the Trump administration slapped a new 10% tariff on Chinese imports—ostensibly because of illegal immigration and the drug trade—Bloomberg reported that China’s antitrust agency was preparing to launch a possible probe into Apple’s practices.

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