FROM WASHINGTON EXAMINER: President Donald Trump on Friday threatened to retaliate against the European Union after it hit Google with a $3.5 billion fine.
Trump excoriated the EU in a Truth Social post, accusing it of taking money that would “otherwise go to American Investments and Jobs.” He portrayed the move as just the latest slight against U.S. tech companies, threatening to levy tariffs or related penalties against the EU in response.
“Very unfair, and the American Taxpayer will not stand for it!” Trump said of the $3.5 billion fine. “As I have said before, my Administration will NOT allow these discriminatory actions to stand.”
Trump also pointed out a $17 billion fine to Apple, saying the company “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,” Trump said
Section 301 of the 1974 Trade Act authorizes tariffs against unfair trade practices.
READ MORE AT WASHINGTON EXAMINER.
