Trump threatens EU tariffs over U.S. tech giant fines
President Donald Trump on Friday said his administration will launch a trade probe into the European Union that will cancel hefty fines levied against U.S. tech giants and likely result in a “substantial” tariff on the 27-member bloc. Trump, in a lengthy Truth Social post, accused the EU of “‘ROBBING’ American Companies and, in turn, the American Taxpayer” as he raged over its recent $1 billion fine on Google for allegedly giving search priority to its own services. “The European Union is at it again and, as usual, taking direct aim at GREAT American Companies!” Trump wrote in the post, which also railed against prior European fines against Apple, Meta and Amazon. Trump claimed the latest penalty against Google was issued “without explanation.” But the European Commission, the EU’s executive branch, said in a press release Wednesday that the fines totaling 890 million euros were due to Google’s alleged noncompliance with the bloc’s Digital Markets Act, which aims to scrutinize Big Tech’s practices. Trump claimed the EU’s behavior is “not going to continue during the Trump …









