Trump says US will investigate EU trade practices, claiming the bloc unfairly fined tech giants
Trump said the probe could reverse billions in EU fines on U.S. tech firms and lead to a substantial tariff on the 27-member bloc.
- 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.
95 Articles
95 Articles
Trump threatens tariffs on EU over fines imposed on US tech companies
President Donald Trump on Friday threatened to impose tariffs on the European Union after accusing the bloc of unfairly targeting major US technology companies with multibillion-dollar fines.
US President Trump strongly criticised the EU Commission for the billions penalty against Google's mother Alphabet. He accused the authority "Raub" of "paying a very high price" for Europe.
Trump threatens EU over ‘robbing American companies’
Brussels must stop using the US as a “piggybank,” the American president warned US President Donald Trump has announced that he is opening a trade investigation into the EU, after Brussels fined Google $1 billion for violating its competition laws. Trump added that the investigation will likely end in new tariffs on the bloc. In...
Trump to Pay a Heavy Price for EU Fines; Korea Feels Like It's Not Just a Distant Problem. Retaliatory Tariffs Hinted at Google's Fine Bomb. U.S. Closely Watching Korea's Digital Barriers. Prolonged Coupang Crisis Becoming an Obstacle to Bilateral Relations. Trump's First Term Appointments; Korea Takes Blocking Measures Similar to Europe. The European Union (EU) [regarding] U.S. Big Tech company Google
The US President sees the recent buses against tech companies as a raid by Brussels against the American taxpayer. The US is not the "sparing pig" for Europe, he wrote.
The US President has responded with renewed threats to the punishment imposed by the EU on Google. He will launch an investigation into the "tapping" of US companies – and impose tariffs.
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