EU Competition Chief Criticizes Trump’s Trade Approach, Stresses Importance of Stability and Values

In a recent interview, Teresa Ribera, the European Union’s competition chief, expressed concerns about the shifting dynamics between Europe and the United States under former President Donald Trump’s leadership. Ribera, who serves as the second-most powerful figure at the European Commission, emphasized that the once “trustful relationship” between the two sides has been destabilized, urging Europe to maintain its principles and commitment to stability.

Europe’s Strengths Must Guide Its Trade Negotiations

Ribera acknowledged the necessity of negotiating with the U.S. on trade matters but made it clear that Europe should not be pressured into altering laws approved by its lawmakers. “We need to stick to our strengths and principles,” she asserted. She pointed out that the EU cannot afford to compromise on fundamental issues like human rights, unity, democracy, and values, despite external pressures.

Trump’s administration had frequently criticized the European Union, accusing it of overregulation and unfair taxation practices, especially with regard to the fines levied against major U.S. tech companies. This rhetoric created a contentious atmosphere, with some, including U.S. Vice President JD Vance, accusing the EU of suppressing free speech through its Digital Services Act.

A Shift in U.S.-EU Relations

The EU has faced growing tensions with Washington, particularly after Trump imposed tariffs on steel and aluminum imports in 2018. This decision, which will see 25% tariffs introduced on certain imports from March 12, has led to reciprocal tariffs from the EU. The EU’s response to these tariffs has been one of caution and resolve, with officials stating they will react firmly to any further trade moves from the U.S.

Meanwhile, Ribera highlighted the unpredictability and instability of the U.S. administration’s approach. “Businesses want an ecosystem that provides certainty, stability, and predictability,” she said. “I wonder why we don’t hear this question being raised toward Trump’s administration.” Her comments underscore the challenges businesses face when dealing with sudden policy shifts and threats of tariffs.

Apple and Meta Under Scrutiny

Ribera’s portfolio also includes overseeing major tech companies, particularly Apple and Meta Platforms, which have been under the EU’s scrutiny for potential breaches of the Digital Markets Act. The EU has signaled that both companies could face substantial fines—up to 10% of their global annual revenue—if they are found in violation of the law. Ribera confirmed that decisions regarding these companies would be made in March, addressing speculation that she might delay action due to external political pressures.

Despite political figures like Trump and Meta CEO Mark Zuckerberg criticizing the EU’s regulatory stance, Ribera stressed that the decisions would be based on clear evidence and in line with EU law. She emphasized that the EU’s legal framework is impartial and not swayed by political affiliations.

Investigating Elon Musk’s X

Ribera also addressed the ongoing investigation into Elon Musk’s social media platform, X (formerly Twitter), for potential violations of the EU’s rules on illegal content. She made it clear that Musk’s political affiliations, including his close relationship with Trump, would not influence the Commission’s decision-making process. “It’s not about who owns the company; it’s about whether they follow the rules,” she said.

Looking Ahead: EU’s Commitment to Upholding its Values

Ribera’s comments reflect a broader commitment within the EU to uphold its regulatory framework, even in the face of growing pressure from powerful global players. As tensions continue between Washington and Brussels, the EU remains steadfast in its pursuit of stability, fairness, and the protection of its core values. The upcoming decisions on Apple, Meta, and Musk’s X will signal the EU’s continued determination to regulate big tech and protect its citizens from the potential harms of unchecked market power.

In a world of shifting geopolitical dynamics, Europe’s role as a defender of values and stability will be critical in navigating future trade and regulatory challenges. The EU’s firm stance on maintaining predictable, fair trade relations with the U.S. will likely play a key role in shaping the global tech landscape in the years to come.