【EU fines Google nearly 3 billion euros, Trump threatens to initiate Section 301 trade retaliation】
US President Trump on Friday (September 5) strongly criticized the EU's heavy fine against Google, calling the move "unfair." Trump emphasized that if the EU does not revoke the "unfair fines" imposed on Google and Apple, he will "have to" initiate the procedures under Section 301 of the Trade Act, imposing punitive tariffs to "offset these unfair penalties."
[Clever] Comment: Trump believes that technology fines have become a "source of income" for the EU, equating them to taxation, and then threatening retaliation against Europe. This is a clear reflection of the intensifying economic tensions between the US and the EU, with both sides holding firm to their positions and refusing to back down. The escalation of trade friction will only make an already fragile global economic situation even more severe, making the path to recovery increasingly difficult.
Original article: www.toutiao.com/article/1842471718692872/
Statement: This article represents the views of the author himself.