President Donald Trump vowed to initiate a trade investigation to counter what he called discriminatory penalties imposed by Europe on U.S. tech companies like Google. The statement, posted on Truth Social on Friday at 3:01 p.m. EDT, followed a nearly $3.5 billion EU antitrust fine against Google.
President Trump via Truth Social:
Europe today “hit” another great American company, Google, with a $3.5 Billion Dollar fine, effectively taking money that would otherwise go to American Investments and Jobs. This is on top of the many other Fines and Taxes that have been issued against Google and other American Tech Companies, in particular. Very unfair, and the American Taxpayer will not stand for it! As I have said before, my Administration will NOT allow these discriminatory actions to stand. Apple, as an example, was forced to pay $17 Billion Dollars in a Fine that, in my opinion, should not have been charged — They should get their money back! We cannot let this happen to brilliant and unprecedented American Ingenuity and, if it does, I will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these Taxpaying American Companies. Thank you for your attention to this matter!
DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA
MacDailyNews Note: Back in October 2024, prior to President Trump’s election win, Apple CEO Tim Cook called Trump to complain about EU’s $17 billion in fines.
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[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
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