Trump says US will investigate EU trade practices, claiming the bloc unfairly fined tech giants
Trump said the probe could reverse EU penalties on U.S. tech firms and lead to substantial tariffs under Section 301.
- On Friday, President Donald Trump announced the United States will open a formal trade investigation into the European Union, warning of potential tariffs after the bloc fined Google $1 billion for alleged antitrust violations.
- The European Union's $1 billion fine against Google prompted the investigation, as the bloc alleged the company prioritized its own services on Google Play and its search engine, harming competitors and breaking digital antitrust regulations.
- Addressing the "practice of ROBBING American Companies" on Truth Social, Trump cited previous fines against Apple, Meta, and Amazon as part of a systemic pattern of unfair European conduct targeting U.S. tech giants.
- Using Section 301 of the Trade Act, the administration asserted that penalties against tech giants "will be entirely reversed" and warned a "substantial" tariff would be placed on the European Union at the earliest possible moment.
- Yesterday, the White House announced double-digit tariffs on imports from more than 60 countries, replacing temporary 10% worldwide import taxes that the Supreme Court struck down previously.
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214 Articles
US President Donald Trump has threatened the European Union with increased tariffs because of a new competitive penalty for the Google Group.
The Hindu Business Line
LatestlyTrump threatens EU with trade probe, tariffs over fines on US Tech companies
Trump accused the EU of repeatedly targeting major US companies and said Washington would not allow American businesses or taxpayers to be used as a ‘piggybank’ for Europe
"The European Union will pay a very high price for this illegal and highly unethical behavior," Trump said after Europe fined Google for breaking its laws.
Washington. President Donald Trump threatened Friday to beat the European Union (EU) with tariffs and a formal trade investigation due to the latest antitrust sanction imposed by Brussels against Google.In a post on his platform Truth Social, Trump said that the bloc “will pay a very high price for this illegal and very unethical conduct, about which I have constantly warned you,” and said that the United States will impose a “significant ARANCE…
Rutland Herald
The Latest: Trump says US will investigate EU trade practices for ‘unethical’ fines on Google
President Donald Trump says the U.S. will open a formal investigation into the European Union’s trade practices. He claims the bloc has unfairly levied billions of dollars of fines against Google, Apple and other U.S. tech giants. A day earlier,…
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