Trump Threatens EU Tariffs Over $1 Billion Google Fine

US President Donald Trump has threatened new tariffs on European Union products in retaliation for the EU's $1 billion fine against Alphabet's Google. In a social media post on Friday, Trump announced a trade investigation under Section 301 of the Trade Act, accusing the EU of 'robbing' American companies and taxpayers. He stated that the penalties would be reversed and a substantial tariff imposed on the EU at the earliest possible moment. This threat follows Trump's recent decision to impose at least 10% duties on goods from around 60 trading partners, including the EU, citing concerns over forced labor. The president has a history of making tariff threats against major US trading partners, sometimes following through and other times backing down.