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President Donald Trump is launching another trade investigation into the European Union after the group of nations fined Google $1 billion over its search engine practices.
Trump criticized the EU action as “illegal and highly discriminatory” and chastised former President Joe Biden for permitting previous fines during his administration.
“It’s not going to continue during the Trump Administration,” the president wrote. “The United States of America is not a ‘PIGGYBANK’ for Europe, nor will we allow it to be!”
For example, the 10% to 12.5% tariffs introduced this week against more than 60 U.S. trade partners over alleged forced-labor import regulation violations were implemented under the same provision.
“Please let this TRUTH serve to represent that we will immediately initiate a 301 Investigation into the practice of ‘ROBBING’ American Companies and, in turn, the American Taxpayer,” Trump wrote on Friday. “The European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about. The penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment.”
The fine was issued after the European Commission found that the technology giant gave preferential treatment to its own services over those of third parties when consumers used its search engine and did not adhere to its anti-steering rule regarding sharing cheaper options with consumers.
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“To comply, we are having to strip away real-time Search features Europeans love — like instant pricing and direct availability for hotels, flights, and restaurants — and dismantle safety protections on Google Play,” Walker wrote in a statement.
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