U.S. President Donald Trump today said his administration is planning to launch an investigation into the various fines the European Union has levied against tech companies like Apple, Google, and Meta for violations of its antitrust and Digital Markets Act rules.
The European Union is at it again and, as usual, taking direct aim at GREAT American Companies! After having fined Apple, for no reason at all, 15 Billion Dollars, Meta, 3 Billion Dollars, Amazon 2.5 Billion Dollars, and many others, we have just been informed that Google, a truly advanced and amazing group, has been fined yet another 1 Billion Dollars, without explanation. This brings the Google total to over 18 Billion Dollars! This illegal and highly discriminatory practice started at these high levels during the first year of the Sleepy Joe Biden Administration, but it’s not going to continue during the Trump Administration. The United States of America is not a “PIGGYBANK” for Europe, nor will we allow it to be! 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. 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.
Man, if I had a nickel for every exclamation point the President has used over the last few years, I could pay those fines!
Apple was fined $570 million in 2025, Meta was hot with an $840 million fine in 2024 and another $200 million fine in 2025. Most recently, Google was fined $1 billion this week after a $4.5 billion Android fine was upheld earlier this month.
Trump has previously threatened European tariffs if the EU did not stop targeting U.S. companies.