The European Union’s resolve to take on the might of Silicon Valley is set to be tested to the limit after Donald Trump threatened retaliation for fines that hurt some of America’s biggest companies.

Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas.

Andrew Ross Sorkin, co-anchor of CNBC’s "Squawk Box" and a financial columnist for The New York Times, described Apple’s monetary pledge as “squishy,” according to Mediaite — even as President Trump bragged on Truth Social that his administration's efforts led to it.