DistantNews
Support us
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Trump threatens Section 301 probe, tariffs against EU over Google fine

From Hankyoreh · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • U.S. President Donald Trump threatened to initiate a Section 301 investigation into the EU over a $1 billion fine imposed on Google.
  • Trump stated that the U.S. would not be Europe's 'piggy bank' and vowed to retaliate with significant tariffs.
  • The EU fined Google approximately $890 million for violating the Digital Markets Act, which regulates large online platforms.

U.S. President Donald Trump has threatened to launch a trade investigation and impose retaliatory tariffs on the European Union following a significant fine levied against Google. Trump announced on his social media platform, Truth Social, that the U.S. would initiate a Section 301 investigation into the EU's practices after Google was fined an additional $1 billion without explanation.

The United States is not, and will not be, Europe's piggy bank.

โ€” Donald TrumpPresident of the United States, expressing his stance against EU fines on American companies.

"The United States is not, and will not be, Europe's piggy bank," Trump declared, vowing to take immediate action against practices that 'rob' American companies and taxpayers. He asserted that the fines would be fully reversed and that substantial tariffs would be imposed as quickly as possible.

We will immediately initiate a Section 301 investigation into practices that 'rob' American companies and taxpayers.

โ€” Donald TrumpPresident of the United States, announcing retaliatory trade measures.

The European Union previously announced a fine of approximately 890 million Euros (about $1.5 trillion Korean Won) against the U.S. tech giant Google. The EU cited violations of the Digital Markets Act (DMA), legislation designed to regulate the market dominance of large online platforms.

The fines will all be returned, and we expect substantial tariffs to be imposed as soon as possible.

โ€” Donald TrumpPresident of the United States, detailing the expected consequences for the EU.

Trump further claimed that the EU has imposed fines on Apple ($15 billion), Meta ($3 billion), and Amazon ($2.5 billion) without justification, bringing the total fines against Google to over $18 billion. He defended the U.S. tariff policy, stating that such measures have been upheld in thousands of cases and have attracted $19.2 trillion in foreign investment in just over a year, calling it an 'unprecedented' achievement.

These tariffs have been in place for a long time. They have been approved in thousands of cases over a long period.

โ€” Donald TrumpPresident of the United States, justifying the U.S. tariff policy.
DistantNews Editorial

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.