President Trump just sent a big warning to counties around the world, both friend and foe, about mistreating American tech companies, and he wants it to end.

Trump is referring to how “Foreign Governments have instead tried to tax, fine, and hinder American Tech Companies,” adding that “both friend and foe have been treating American Tech Companies harshly, as if our Companies are their piggy bank.”

The president says he wants to level the playing field and are putting those countries on notice. He said “If these Countries want to participate in the AI Industrial Revolution, it is time to choose sides with America, not against us.”

Here’s his announcement:

Our incredible United States Economy and undeniable American Spirit have enabled the creation of the Greatest Technology Companies on Earth. Our Digital Economy is bigger than most of the World’s Countries, and the market cap of even one of our Companies exceeds each European Country.

Instead of empowering their Workers and creating opportunities, Foreign Governments have instead tried to tax, fine, and hinder American Tech Companies. Both friend and foe have been treating American Tech Companies harshly, as if our Companies are their piggy bank. This will now end! It is my objective to level the playing field, and end these attacks. We are putting these Countries on notice to end their unfair treatment of American Companies, large and small. Our Companies are the Greatest Investors in the World, and their Investments will only go to where America is treated well. Our Ingenuity, Grit, Drive and Perseverance have built America. If these Countries want to participate in the AI Industrial Revolution, it is time to choose sides with America, not against us.

Now I’m beginning to understand why all the tech companies rushed to kiss President Trump’s ring when he got elected…