The Real Trade War Of EU Against U.S.

Posted: 7/18/2018  Updated: 7/20/2018

These days we saw following headlines in the news:

1. EU Commision is going to investigate AirBnB
2. Much worse, the EU just fined Google over $5 billion and this is subsequent to another fine of $2.4 billion in Summer of 2017 (a total of $7.4 billion). We hope that Google has the spine to persevere and go after the EU. Hope, President Trump will respond to that as well

That is not all:

1. Qualcomm was fined $1 billion in January 2018
2. In 2017, the European Commission has ordered Ireland to collect up to €13 billion ($14.5 billion) from Apple, plus interest
3. Microsoft fined over $0.5 billion in 2013
4. Intel fined over $1 billion in 2009
5. Microsoft fined over $0.9 billion in 2007
6. Microsoft fined about $0.5 billion in 2004

This is a habitual and serial highway robbery by the European Union! The charges against these U.S. companies appear to be rather trumped up (no pun intended). It is high time the EU and its members lower their excessive taxes on businesses and individuals!