Trump Says EU Is ‘Taking Advantage’ With $5 Billion Google Fine
- Penalty is far higher than any levied by U.S. regulators
- Trade tensions escalating as Trump threatens auto tariffs
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President Donald Trump lashed out at the European Union’s $5 billion fine against Google over its mobile phone operating system in the latest trade-related salvo fired from the White House.
The escalating trade conflict between the U.S. and EU surfaced in tense exchanges with NATO allies during Trump’s European visit last week. The two sides have been locked in a circle of tit-for-tat retaliation since Trump imposed tariffs on steel and aluminum imports and the EU retaliated with duties on a basket of goods. Trump is now threatening to impose crippling levies on auto imports and the EU is readying another round of counter-measures.