Trump threatens EU will pay ‘big price’ after Brussels fines Google $1bn
Summary
President Donald Trump responded strongly after the European Union fined Google $1 billion for breaking antitrust rules. He warned the EU it would face steep tariffs and a new trade investigation, criticizing the penalties on U.S. tech companies as unfair.Key Facts
- The EU fined Google $1 billion for favoring its own services in search results and restricting app developers from directing users elsewhere.
- The fine is split in two parts, and Google must fix its practices within 60 days or face further fines of up to 5% of daily revenue.
- President Trump called the EU’s penalties “highly unethical” and said the U.S. won’t be a “piggybank for Europe.”
- Trump threatened to start a trade investigation under Section 301 that could lead to tariffs against the EU.
- The EU said its actions ensure fair competition and that products should succeed based on quality, not ownership.
- Google defended itself, saying the EU’s ruling could lead to “product degradation.”
- The EU has fined Google multiple times before, including large fines over Android and advertising practices.
- U.S. trade officials warned that the EU’s approach could harm a recent trade agreement between the U.S. and Europe.
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