Trump Initiates Trade Investigation Against EU, Threatens High Tariffs Over Google Fine

According to CNBC, President Trump announced on Friday (July 24) that his administration would launch a trade investigation against the European Union, targeting the removal of major fines issued to American tech companies and threatening to impose "high" tariffs on the bloc. Trump's statement came after the EU fined Google 1 billion dollars for allegedly prioritizing its own services in search results, a move he called "illegal and unethical" on Truth Social. The investigation will be conducted under Section 301 of the Trade Act of 1974, which permits the U.S. to levy tariffs on actions deemed unfair to American commerce.
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