Trump threatens the EU with tariffs, «it will pay for it, revoke fines on US companies»

Trump threatens the EU with tariffs, «it will pay for it, revoke fines on US companies»
On July 23, 2026, at the Environmental Protection Agency (EPA) headquarters in Washington, D.C., USA, US President Donald Trump presents his “Ratepayer Protection Pledge,” aimed at protecting families from electricity costs related to the artificial intelligence boom. REUTERS/Jonathan Ernst REUTERS

Donald Trump attacks the European Union for fines imposed on American companies, the latest being against Google. The EU “will pay a very high price for this illegal and deeply unfair conduct, against which I had repeatedly warned them,” Trump wrote on his social media platform Truth, announcing the launch of “an investigation (under Section 301) into this predatory practice.” The United States, he added, is not Europe’s “piggy bank” and “will not become one. The sanctions will be completely revoked, and we plan to impose heavy customs duties on them as soon as possible.”

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