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The first card to counter Trump's tariffs? Apple and Meta are expected to face EU fine decisions on Wednesday.
① The European Commission is expected to announce the final penalty decision against Meta and Apple for violating the Digital Markets Act on Wednesday; ② According to sources, Meta and Apple may face fines of up to several million euros; ③ This investigation has long been completed, but due to the trade war, the European Union previously postponed penalties against Meta and Apple, and Wednesday's final decision may carry political implications in addition to commercial impacts.
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Trump's tariffs represent a heavy blow to Meta (META.US), and its advertising revenue is expected to shrink by 7 billion dollars.
Due to the severe tariffs imposed by President Trump of the USA on China affecting Chinese retailers, Meta (META.US) may suffer a loss of 7 billion dollars in its core online advertising business this year.
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