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September 6, 2025Cryptopolitan logoCryptopolitan

Trump mulls trade counter after EU hits Google with $3.5B fine

￰0￱ Donald Trump has threatened major retaliation against the European Union after it issued fines to ￰1￱ bloc charged the tech company, arguing that it exploited its advantage over rivals by favoring its own advertising technology ￰2￱ highlighted that the EU has targeted another U. S. company, Google, with a $3.5 billion ￰3￱ argued that the financial demands from the bloc on ￰4￱ could otherwise be of better use to American jobs and ￰5￱ accuses the EU of targeting ￰6￱ companies with fines "Very unfair, and the American Taxpayer will not stand for it! As I have said before, my Administration will NOT allow these discriminatory actions to stand." – President Donald ￰7￱ ￰8￱ — The White House (@WhiteHouse) September 5, 2025 The President said the EU has charged Google’s Alphabet with a total of $16.5 billion, after the company had already settled $13 billion in false ￰9￱ accused the bloc of issuing several fines and taxes against Google and other ￰10￱ ￰11￱ bloc’s recent $3.5 billion charge accounts for its highest charges and is also the second-highest against Google for alleged abuses of ￰12￱ said the EU’s actions are very unfair, and the ￰13￱ not condone ￰14￱ to the President, Apple has also faced a $17 billion fine from the bloc, which he believes should not have been ￰15￱ argued that the tech company should be ￰16￱ also warned that he will be forced to introduce a Section 301 proceeding due to the continued fines from Europe to nullify the unfair penalties being charged on U.

S. companies. “The European Union must stop this practice against American Companies, IMMEDIATELY.” – Donald Trump , ￰17￱ ￰18￱ has previously invoked 301 probes on Brazil targeting its imports in response to the country’s prosecution of former President Jair ￰19￱ warned earlier this month that he would impose levies on nations that impose digital taxes, rules, or regulations against ￰20￱ to Trump, top ￰21￱ raised the issue of digital taxes and fines during a dinner at the White House on ￰22￱ told reporters Friday that executives, including Alphabet’s Sundar Pichai, Apple’s Tim Cook, and Meta Platform’s Mark Zuckerberg, all complained about the Commission’s ￰23￱ accuses Google of abusing its digital ads dominance The European Commission stated Friday that the ￰24￱ giant had abused its dominance in the digital ads market by giving its own ad exchanges a competitive ￰25￱ Commission also called for an end to the ￰26￱ giant’s ad ￰27￱ antitrust Commissioner, Teresa Ribera, argued that public entities should push to eliminate dominant players from their power, especially when markets ￰28￱ believes that the space requires a level playing field for every party to compete on equal terms and for citizens to have a right to choose.

Google’s Alphabet plans to petition the EU’s ￰29￱ president for regulatory affairs at Google, Lee-Anne Mulholland, argued that the bloc’s claims impose an unjustified fine and would hurt thousands of EU ￰30￱ stated that the charges would make it hard for businesses in the bloc to generate ￰31￱ recent fine has elevated Google’s EU liabilities to roughly 10 billion euros, which is far higher than charges against other ￰32￱ ￰33￱ firm EMarketer estimates that the ￰34￱ giant will earn about $205.04 million in digital ad revenue in ￰35￱ to the report, $171.72 billion will come from Google’s global search advertising ￰36￱ report also revealed that the remaining $33.33 billion will come from its display ￰37￱ European Publishers Council argued that the EU’s fine on Google is not enough to fix Europe’s broken adtech ￰38￱ council’s executive director, Angela Mills Wade, believes that Google will continue to bear the hits as business costs as it continues to dominate the ads ￰39￱ up to Bybit and start trading with $30,050 in welcome gifts

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