Trump Says US Will Probe EU Trade Practices Over Tech Fines - Internewscast Journal
Trump Says US Will Probe EU Trade Practices Over Tech Fines

Washington — President Trump said Friday that his administration is opening a trade investigation into the European Union, escalating a dispute over multibillion-dollar penalties imposed on some of America’s largest technology companies.

In a post on Truth Social, Mr. Trump said the probe, launched under Section 301 of the Trade Act, would begin “immediately.” He accused the EU of “robbing” U.S. companies and American taxpayers through its enforcement actions.

“The European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about,” he wrote.

The announcement follows a series of EU penalties targeting major U.S. tech firms, including Apple, Meta — the parent company of Facebook and Instagram — Amazon and Google. On Thursday, the EU announced it was fining Google 890 million euros, or about $1 billion, citing alleged antitrust violations tied to Google Play and the company’s search engine.

Mr. Trump claimed the fines against the technology companies “will be entirely reversed” and warned that “a substantial TARIFF” could be imposed on the EU “at the earliest possible moment.”

Section 301 is a U.S. trade tool designed to confront foreign practices that harm American commerce. Investigations under the law assess whether another country’s actions are “unreasonable or discriminatory and burden or restrict U.S. commerce,” according to the Office of the U.S. Trade Representative.

If investigators determine that unfair trade practices occurred, the statute gives the administration authority to respond with tariffs or other penalties.

The Trump administration has previously used Section 301 to examine trade practices involving Brazil, India, Japan and other countries. On Thursday, the White House also announced it would be slapping tariffs on goods from 60 U.S. trading partners that it said had not done enough to combat forced labor.

The tariff rates range from 10% to 12.5% and went into effect Friday at 12:01 a.m. Those duties replace a 10% levy on most imports under a different trade authority, Section 122, which expired Friday.

Tariffs are a key aspect of Mr. Trump’s economic agenda. But earlier this year, he faced a significant setback when the Supreme Court struck down sweeping tariffs on nearly every U.S. trading partner, which were invoked under a federal emergency powers law.

In response to the decision, the administration has turned to the other trade authorities — Section 122 and Section 301 — to impose tariffs on other countries.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Good Samaritan in Spider-Man costume helps man in wheelchair cross busy intersection in viral moment

Viral Video Shows Good Samaritan Dressed as Spider-Man Helping Wheelchair User Cross Busy Intersection

A costumed Good Samaritan dressed as Spider-Man is earning praise online after…
Inside the Intimate Juror Questions in Lindsay Clancy Trial - Internewscast Journal

Inside the Intimate Juror Questions in Lindsay Clancy Trial

Prospective jurors in the triple-murder trial of Massachusetts mother Lindsay Clancy faced…
Mamdani’s ‘Fair Share’ Message to Wealthy New Yorkers Ignites Online Backlash - Internewscast Journal

Mamdani’s ‘Fair Share’ Message to Wealthy New Yorkers Ignites Online Backlash

Socialist New York City Mayor Zohran Mamdani is drawing sharp criticism online…
Massive tank at Somethin' Fishy Pets in Fox Lake shatters, flooding store and killing hundreds of fish | Video

Massive Aquarium Shatters at Somethin’ Fishy Pets in Fox Lake, Flooding Store and Killing Hundreds of Fish

FOX LAKE, Ill. () — A dramatic aquarium rupture turned a quiet…
Barack Obama Thrills WNBA Stars Before Chicago All-Star Game - Internewscast Journal

Barack Obama Thrills WNBA Stars Before Chicago All-Star Game

CHICAGO () — Chicago is gearing up for a packed weekend, with…
Wisconsin protester brands Madison as 'corrupt city' during anti-police tirade following deadly shooting

Wisconsin Protester Slams Madison as Corrupt After Deadly Shooting

A police news conference in Madison, Wisconsin, spiraled into disorder Thursday after…
French modeling scout linked to Jeffrey Epstein found dead in Paris apartment

French Modeling Scout With Jeffrey Epstein Ties Found Dead in Paris Apartment

Daniel Siad, a French modeling scout linked to Jeffrey Epstein, was found…
Five Lucky Winners Score Coveted Knicks-Themed Trash Bins - Internewscast Journal

Five Lucky Winners Score Coveted Knicks-Themed Trash Bins

Call it a win in garbage time. Five fortunate New Yorkers hit…
Chicago Public Schools says delayed Cook County tax collections increase borrowing costs as budget gap persists

Chicago Public Schools Warns Delayed Cook County Tax Collections Are Raising Borrowing Costs Amid Budget Gap

CHICAGO () — Chicago Public Schools is warning that slow-moving Cook County…
Amazon Teacher of the Year Accused of Preying on 14-Year-Old Student - Internewscast Journal

Amazon Teacher of the Year Accused of Preying on 14-Year-Old Student

A former Massachusetts middle school teacher once honored with a national teaching…
Disneyland employee jumps into Rivers of America shirtless

Shirtless Disneyland Employee Leaps Into Rivers of America

A Disneyland cast member appeared to take an unexpected dip during a…
Jackie’s Life-Saving Blood Transfusion Succeeds, Still Critical - Internewscast Journal

Jackie’s Life-Saving Blood Transfusion Succeeds, Still Critical

BIG BEAR LAKE, Calif. (KABC) — Jackie, the much-loved Big Bear bald…