U.S. Official Slams EU Fines, Cites Digital Markets Act

0:00On April 1st, a top U.S. State Department official just called out European Union fines on American companies as the main drag in Transatlantic. Business ties, zeroing in on their Digital Markets Act, that hits big tech hard. Under Secretary Jacob Hellberg dropped this during a press call on Wednesday while he's over in Europe pushing for stronger economic links, tech, partnerships, and fair rules across the board. He's worried about fresh penalties looming for U.S. firms soon, but he did have solid chats with the European Commission on Supply Chains where European players could team up more with us. Hellberg says the Digital Markets Act is straight up slowing down progress on all that cooperation we could be doing faster. Tomorrow he's linking up with execs at ASML, Europe's top-ship gear maker, as talks keep rolling to smooth out these tensions and build real momentum. From across the country, powered by AI, this is U.S. News Today.