30.3 C
Miami
Saturday, July 25, 2026

Trump Threatens New Tariffs Against EU Over Google Fine – Slashdot

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img

President Trump threatened a “substantial” new tariff on the European Union after Brussels fined Google more than $1 billion over alleged illegal trade practices. “The European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about,” Trump wrote on Truth Social. “The penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment.” Politico reports: The president’s threat came just a day after U.S. Trade Representative Jamieson Greer warned that the EU’s action against Google — two fines totaling over $1 billion — could imperil the bloc’s relationship with the White House. At risk: the Turnberry deal, which Trump and European Commission President Ursula von der Leyen signed last fall, that capped U.S. tariffs on EU exports at 15 percent. […] But the president’s social media post could signal a coming breach. “The United States of America is not a ‘PIGGYBANK’ for Europe, nor will we allow it to be!” Trump wrote.

Source link

- Advertisement -spot_imgspot_img

Highlights

- Advertisement -spot_img

Latest News

- Advertisement -spot_img