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US President Trump said on the 24th that the US government will launch a trade investigation with the EU and threatened to impose tariffs on the EU to retaliate against the EU's practice of imposing huge fines on US technology companies. Trump posted a post on the social media platform “Real Social” on the 24th accusing the European Union of “looting” American companies and American taxpayers by deciding to fine Google a few days ago. He warned that the EU will pay a “heavy” price for its actions and “we expect to impose high tariffs on it soon.” Trump said that the US side will immediately launch an investigation against the European Union in accordance with section 301 of the 1974 Trade Act. This provision authorizes the US government to investigate acts it deems to have caused an unfair burden on US companies and take tariff retaliation measures. The European Commission announced on the 23rd that Google violated the European Union's Digital Market Law in its online search and app store business and decided to fine it a total of 890 million euros.

智通財經·07/25/2026 12:33:00
語音播報
US President Trump said on the 24th that the US government will launch a trade investigation with the EU and threatened to impose tariffs on the EU to retaliate against the EU's practice of imposing huge fines on US technology companies. Trump posted a post on the social media platform “Real Social” on the 24th accusing the European Union of “looting” American companies and American taxpayers by deciding to fine Google a few days ago. He warned that the EU will pay a “heavy” price for its actions and “we expect to impose high tariffs on it soon.” Trump said that the US side will immediately launch an investigation against the European Union in accordance with section 301 of the 1974 Trade Act. This provision authorizes the US government to investigate acts it deems to have caused an unfair burden on US companies and take tariff retaliation measures. The European Commission announced on the 23rd that Google violated the European Union's Digital Market Law in its online search and app store business and decided to fine it a total of 890 million euros.