The EU plans to fine Google $1 billion, while the U.S. threatens to launch a Section 301 investigation and impose high tariffs.

The European Union announced this week it will impose a $1 billion fine on Google, a subsidiary of Alphabet, citing violations of digital competition rules. This marks the latest in a series of penalties faced by American tech companies in recent years. Responding on Friday, Trump stated that the EU has already fined Apple $15 billion, Meta $3 billion, and Amazon $2.5 billion, with the total fines against Google exceeding $18 billion. He asserted that the U.S. will immediately initiate a "Section 301 investigation" into the EU's actions, warning that the EU will "pay a very heavy price" for such illegal and highly unethical behavior. If these penalties are not revoked, the U.S. "will swiftly impose high tariffs" on the EU.

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Original article: toutiao.com/article/1871655306725386/

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