The European Union has fined Apple and Meta Platforms a combined €700 million for breaching the bloc’s digital competition regulations, a move that could escalate tensions with U.S. President Donald Trump. Meta is the parent company of Mark Zuckerberg‘s Facebook, which has been under scrutiny by EU regulators for years. The penalties come amid delicate trade discussions between the EU and Trump, who has threatened sweeping tariffs on European imports. Threatening “periodic penalty payments,” the EU commission has warned Meta and Apple that non-compliance within 60 days could lead to further increases in potential fines. “The European Commission is attempting to handicap successful American businesses while allowing Chinese and European companies to operate under different standards,” Joel Kaplan, Meta’s chief global affairs officer, said in a statement.