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Trump defends Google against EU, plans to contest $3.5-billi...
10-09-2025 14:59
Trump defends Google against EU, plans to contest $3.5-billion fine
Trump defends Google against EU, plans to contest $3.5-billion fine

US President Donald Trump is once again prepared to stand his ground. This time, the unconventional American leader has promised to challenge the recent fine imposed on Google by the European Union. He considers the measure completely unfair toward American companies and says he is ready to fight for their rights.
On his Truth Social media platform, the head of the White House criticized the EU for imposing a $3.5 billion fine on Google. The American leader argues that such an approach is unjust, as that money could have gone toward American investment and jobs.
In his statement, Trump also mentioned other fines levied against American technology companies, such as the $17 billion penalty against Apple, which he believes should never have happened. The US president further threatened to initiate proceedings under Section 301 to annul unfair fines. The head of the White House maintains that the American taxpayer will not stand for this. 
“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 wrote on Truth Social.
It should be recalled that on September 5, the European Commission fined Google nearly 3 billion euros ($3.5 billion) for abuse of dominant market position. The company is accused of giving its own ad exchanges a competitive advantage over rival firms. Against this backdrop, European leaders have urged Google to cease such practices.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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