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Trump Condemns EU's $3.5 Billion Fine on Google, Threatens Retaliation

The U.S. President criticizes the European Union for penalizing a major American tech company,...
Key Metrics

6.45

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2025-09-05
Key Impacts
Positive Impacts (4)
Alphabet Inc. (GOOGL)
Apple Inc. (AAPL)
U.S. Mega-Cap Tech
Gold
Negative Impacts (4)
European Automotive Sector
NASDAQ-100
Euro Stoxx 50
EUR/USD
Total impacts: 10 | Positive: 4 | Negative: 4
Event Overview

The U.S. President criticizes the European Union for penalizing a major American tech company, arguing it hinders investment and job creation. This highlights ongoing tensions over regulatory actions against U.S. firms, with threats of retaliatory measures.

Collect Records
Trump Criticizes Europe's $3.5 Billion Fine on Google
2025-09-06 03:06

U.S. President Trump criticized the European Union for imposing a $3.5 billion fine on Google, stating that this action deprives funds that could have been used for investment and job creation in the United States. He highlighted that this is the latest in a series of unfair actions against Google and other U.S. tech companies, mentioning that Apple was also forced to pay a $17 billion fine. Trump warned that if the situation does not change, he will initiate the 301 clause procedure to revoke these unfair penalties.

Total records: 1
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