Trump threatens EU tariffs over U.S. tech giant fines
President Donald Trump said Friday that his administration will launch a trade investigation into the European Union that would reverse hefty fines imposed on U.S. tech giants and likely result in a “significant” tariff on the 27-member bloc.
Trump for a long time Real Social postHe accused the EU of “‘robbing’ American Companies and therefore American Taxpayers” and was outraged by the recent $1 billion fine. Google Alleging that it gives search priority to its own services.
“The European Union is at it again and, as usual, directly targets BIG American Companies!” Trump also wrote the following in his post opposing the fines previously imposed in Europe: Apple, Meta And Amazon.
Trump claimed that the latest fine given to Google was given “without explanation”. However, the European Commission, the EU’s executive body, said in a statement: Press release It was stated on Wednesday that the fines, totaling 890 million euros, stemmed from Google’s alleged failure to comply with the Digital Markets Act, which aims to scrutinize the practices of Big Tech.
Trump claimed that the EU’s behavior “will not continue during the Trump Administration.”
“The United States is not a ‘POWER’ for Europe, and we will not allow it to be!” he wrote.
Trump said the United States would “immediately” launch an investigation under Section 301 of the Trade Act of 1974, which allows the imposition of tariffs in response to practices found to unfairly burden U.S. commerce.
The Trump administration has used this tariff authority to launch numerous investigations. Hours earlier, it had imposed new duties of between 10% and 12.5% on goods from more than 80 countries, including EU countries, over forced labor issues.
one friday afternoon case A lawsuit was filed in the US Court of International Trade to object to these tariffs.
The lawsuit, filed by the Liberty Justice Center on behalf of two small businesses, argues that the federal government improperly used Section 301 to effectively reinstate Trump’s 2025 “liberation day” tariffs, which the Supreme Court struck down earlier this year.
Referring to his stance towards US technology companies in his post on Friday, Trump said, “The European Union will pay a huge price for this illegal and highly unethical behavior that I have constantly warned them about.”
“The penalties will be completely reversed and we expect a significant TARIFF to be imposed on them as soon as possible,” he wrote, adding: “Stay tuned!”
