At the World Economic Forum in Davos, Switzerland, Mr. Trump blasted European Union regulators for targeting Apple (AAPL. O), Google (GOOG. O) and Meta (META. O), calling the European Union's charges against American companies "a form of taxation." The European Union is known around the world for its strict regulation of big tech companies, often sparring with major social media platforms such as Facebook and X over content moderation and clashing with companies such as Apple and Google over antitrust issues. "Like it or not, these are American companies," Mr. Trump said in a speech at the World Economic Forum in Davos. "They shouldn't be doing this. To me it's a form of taxation. We have a very big problem with the European Union. "Trump specifically mentioned Apple's loss last year in a European Union court case involving 13 billion euro Irish tax bill.