{"id":4873,"date":"2026-07-24T17:46:44","date_gmt":"2026-07-24T17:46:44","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=4873"},"modified":"2026-07-24T17:46:44","modified_gmt":"2026-07-24T17:46:44","slug":"us-not-piggybank-for-europe-trump-to-impose-tariffs-on-eu-for-fining-google","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=4873","title":{"rendered":"&#8216;US not piggybank for Europe&#8217;: Trump to impose tariffs on EU for fining Google"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-articlebody=\"1\"><video-embed value=\"false\"\/><\/p>\n<div class=\"ihgno clearfix  \">\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-132611694,imgsize-844287,width-400,height-225,resizemode-4\/trump.jpg\" alt=\"'US not piggybank for Europe': Trump to impose tariffs on EU for fining Google\" title=\"Trump to impose tariffs on EU for fining Google\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"Trump to impose tariffs on EU for fining Google\">Trump to impose tariffs on EU for fining Google<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>US President Donald Trump on Friday threatened to impose tariffs on the European Union and launch a probe after accusing the bloc of unfairly targeting American technology companies through heavy antitrust fines.<span class=\"id-r-component br\" data-pos=\"2\"\/>In a post on Truth Social, Trump claimed the EU had repeatedly penalised major US firms, including Google, Apple, Meta and Amazon, describing the action as discriminatory and warning that his administration would retaliate.<span class=\"id-r-component br\" data-pos=\"4\"\/>&#8220;The United States of America is not a &#8216;PIGGYBANK&#8217; for Europe, nor will we allow it to be!&#8221; Trump wrote.<span class=\"id-r-component br\" data-pos=\"6\"\/>The US president said Google had now been fined more than $18 billion by the European Union after being hit with another $1 billion penalty. <!-- -->He also alleged that Apple had been fined $15 billion, Meta $3 billion and Amazon $2.5 billion.<span class=\"id-r-component br\" data-pos=\"11\"\/><span class=\"id-r-component br\" data-pos=\"13\"\/>Calling the fines &#8220;illegal and highly discriminatory&#8221;, Trump announced that the US would &#8220;immediately initiate a 301 Investigation&#8221; into what he described as Europe&#8217;s practice of &#8220;ROBBING&#8221; American companies and taxpayers.<span class=\"id-r-component br\" data-pos=\"16\"\/>Section 301 of the US Trade Act allows the government to investigate and respond to foreign trade practices it considers unfair or discriminatory.<span class=\"id-r-component br\" data-pos=\"19\"\/>Trump said the European Union would &#8220;pay a very big price&#8221; for its actions and warned that the penalties imposed on US companies would be &#8220;entirely reversed&#8221;.<span class=\"id-r-component br\" data-pos=\"21\"\/>He also signalled that his administration expected to impose &#8220;a substantial TARIFF&#8221; on the European Union &#8220;at the earliest possible moment.&#8221;<span class=\"id-r-component br\" data-pos=\"23\"\/>&#8220;The European Union is at it again and, as usual, taking direct aim at GREAT American Companies!&#8221; Trump said, adding that the alleged discriminatory treatment of US firms would not continue under his administration.<span class=\"id-r-component br\" data-pos=\"25\"\/>He ended the post by telling followers to &#8220;Stay tuned!&#8221;<span class=\"id-r-component br\" data-pos=\"27\"\/><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/us-not-piggybank-for-europe-trump-to-impose-tariffs-on-eu-for-fining-google\/articleshow\/132611536.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump to impose tariffs on EU for fining Google US President Donald Trump on Friday threatened to impose tariffs on the European Union and launch a probe after accusing the bloc of unfairly targeting American technology companies through heavy antitrust fines.In a post on Truth Social, Trump claimed the EU had repeatedly penalised major US 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to impose tariffs on EU for fining Google US President Donald Trump on Friday threatened to impose tariffs on the European Union and launch a probe after accusing the bloc of unfairly targeting American technology companies through heavy antitrust fines.In a post on Truth Social, Trump claimed the EU had repeatedly penalised major US [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 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