Trump slams EU over $5 billion fine on Google

FAN Editor
President Trump addresses a cabinet meeting at the White House in Washington
U.S. President Donald Trump in Washington, U.S., July 18, 2018. REUTERS/Leah Millis

July 19, 2018

WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday criticized the European Union and said the bloc was taking advantage of the United States, pointing to the record $5 billion fine European antitrust regulators imposed on Google.

EU officials on Wednesday also ordered Google to stop using its popular Android mobile operating system to block its rivals, adding to trade tensions between Washington and Brussels.

European Commission President Jean-Claude Juncker is scheduled to meet with Trump at the White House next Wednesday to discuss trade and other issues.

“I told you so! The European Union just slapped a Five Billion Dollar fine on one of our great companies, Google. They truly have taken advantage of the U.S., but not for long!” Trump said in a post on Twitter.

Google said it would appeal the EU decision. The 4.34 billion euro ($5 billion) fine is nearly double the previous penalty that the company was ordered to pay last year, but it represents a little more than two weeks of revenue for its parent company, Alphabet Inc <GOOGL.O>.

(Reporting by Susan Heavey; Editing by Doina Chiacu and Susan Thomas)

Free America Network Articles

Leave a Reply

Next Post

Republicans block Democrat attempt to subpoena Trump-Putin summit interpreter

Republicans blocked an attempt Thursday morning to subpoena the interpreter who sat in on President Donald Trump’s one-on-one meeting with Russian President Vladimir Putin in Helsinki, Finland on Monday. Rep. Adam Schiff, the ranking Democrat on the House Intelligence Committee, joined with fellow California Democratic Rep. Eric Swalwell to make […]