Business & Economics
Trump Launches Section 301 Probe, Threatens Tariffs After EU’s $1 B Google Fine
On 24 July 2026, President Trump said the U.S. will open a Trade Act Section 301 investigation and prepare “substantial” tariffs against the EU in direct retaliation for Brussels’ €890 million antitrust penalty on Google the previous day.
Focusing Facts
- European Commission levied a €890 million (≈$1 billion) fine on Google on 23 July 2026 for breaching the Digital Markets Act.
- In a Truth Social post dated 24 July 2026, Trump vowed to reverse the fine and impose new tariffs, invoking Section 301 of the 1974 Trade Act.
- U.S. Trade Representative Jamieson Greer had already slapped 10–12.5 % duties on goods from 60 partners—including the EU—on 23 July 2026 citing forced-labour concerns.
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Perspectives in this article
- US conservative and business-leaning media
- European and international wire services
- Russian state-owned media