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Trump Threatens EU With Tariffs Over Google Fine
๐Ÿ‡ต๐Ÿ‡ฆ Panama /Economy & Trade

Trump Threatens EU With Tariffs Over Google Fine

From TVN Panamรก · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Donald Trump threatened the EU with high tariffs and a trade investigation over its fine against Google.
  • He called the EU's action "illegal and very unethical."
  • The EU fined Google $1.015 billion for violating digital market regulations.

Former U.S. President Donald Trump has issued a stern warning to the European Union, threatening significant tariffs and a formal trade investigation in response to the bloc's recent antitrust penalties against Google. Trump declared that the EU "will pay a very high price for this illegal and very unethical conduct."

will pay a very high price for this illegal and very unethical conduct, about which I have constantly warned you.

โ€” Donald TrumpTrump's statement on his social media platform regarding the EU's fine against Google.

In a post on his social media platform, Truth Social, Trump stated that the United States would impose "a substantial Tariff ... as soon as possible." He also announced an immediate investigation under Section 301 of the Trade Act of 1974, which allows Washington to probe foreign practices deemed discriminatory and respond with retaliatory tariffs. Trump characterized the EU's actions as "ROBBING" American companies.

impose a substantial Tariff ... as soon as possible.

โ€” Donald TrumpTrump's threat of retaliatory measures against the European Union.

The European Union imposed two fines totaling 890 million euros ($1.015 billion) on Google, marking the largest sanction ever levied by Brussels against a tech company under the Digital Markets Act. This legislation aims to curb the dominant market power of major technology firms. The U.S. Trade Representative's office acknowledged that the fine poses "a real risk to the maintenance of transatlantic (commercial) stability."

initiate immediately an investigation under Section 301

โ€” Donald TrumpTrump's announcement of a formal trade probe into the EU's practices.
DistantNews Editorial

Originally published by TVN Panamรก in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.