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lite.cnn.com - on gopher - inofficial
ARTICLE VIEW:
Trump threatens EU with tariff investigation after Google hit with
$3.45 billion antitrust fine
By David Goldman and Reuters
Updated:
4:06 PM EDT, Fri September 5, 2025
Source: Reuters
President Donald Trump on Friday threatened the European Union with an
investigation that could lead to higher tariffs, after the EU fined
Google billions of dollars for violating its antitrust laws.
The EU announced earlier Friday that Google must pay a €2.95 billion
($3.45 billion) antitrust fine for anti-competitive practices in its
lucrative ad tech business, marking its fourth penalty in its decade
long fight with EU competition regulators.
Trump on Friday criticized the EU’s fine, saying in a that the money
Google will be forced to pay “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,” Trump added. “Very unfair, and the American Taxpayer
will not stand for it!”
Trump said his administration may launch a Section 301 investigation
against the EU in retaliation, a procedural measure that could lead to
retaliatory tariffs. That could serve as a big blow to the EU, which
landed a hard-fought but controversial trade framework with the United
States over the summer.
Although the 27 members of the bloc voted in favor of the framework,
many European leaders have since griped about it, and a long-term trade
deal between the United States is far from a certainty.
Nevertheless, the fine is an aggressive move on the part of the
European Commission, the EU’s top tech regulator, after Trump had
previously threatened retaliation for future fines against US tech
companies. The administration has griped about the large fines that the
EU has levied as a result of their privacy laws and antitrust laws that
are significantly more stringent and enforced more frequently in Europe
than in the United States.
“Google has also paid, in the past, $13 Billion Dollars in false
claims and charges for a total of $16.5 Billion Dollars,” Trump said
in a Friday. “How crazy is that? The European Union must stop this
practice against American Companies, IMMEDIATELY!”
Google’s big fine
The move by the European Commission was triggered by a complaint from
the European Publishers Council.
The EU competition enforcer had originally planned to hand out the fine
on Monday but on concerns about the impact on U.S. tariffs on European
cars derailed EU antitrust chief Teresa Ribera’s plan.
The Commission said Google favored its own online display technology
services to the detriment of rivals and online publishers and that it
abused its market power since 2014 until today.
It ordered Google to stop the self-preferencing practices and take
measures to cease its inherent conflicts of interest. The company has
60 days to inform the Commission how it plans to comply with this
order.
The Commission reiterated its preliminary view that Google should
divest part of its services but said it wants to first hear and assess
Google’s compliance efforts.
“Google must now come forward with a serious remedy to address its
conflicts of interest, and if it fails to do so, we will not hesitate
to impose strong remedies,” Ribera said in a statement.
“Digital markets exist to serve people and must be grounded in trust
and fairness. And when markets fail, public institutions must act to
prevent dominant players from abusing their power,” she said.
Google criticized the EU decision and said it would challenge it in
court.
“The European Commission’s decision about our ad tech services is
wrong and we will appeal. It imposes an unjustified fine and requires
changes that will hurt thousands of European businesses by making it
harder for them to make money,” Lee-Anne Mulholland, Vice President,
Global Head of Regulatory Affairs, said in a statement.
“There’s nothing anticompetitive in providing services for ad
buyers and sellers, and there are more alternatives to our services
than ever before.”
The latest fine compared with a record 4.3 billion euro penalty handed
out to Google in 2018, 2.42 billion euros in 2017 and a 1.49 billion
euros in 2019.
last week that the fine would be modest, marking a change in Ribera’s
approach with her predecessor’s deterrent hefty fines.
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