Trump threatens retaliation after EU hits Google with antitrust fine

US President Donald Trump has threatened retaliation after the European Commission fined Google €2.95 billion for abusing its dominant position in the advertising technology industry, Euronews reported.

In a post on Truth Social, Trump called the fine "very unfair", adding that his "administration will not allow these discriminatory actions to stand."

Trump also wrote that he "will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these Taxpaying American Companies."

Under Section 301 of the Trade Act of 1974, the United States may impose penalties on foreign countries whose actions are deemed “unjustifiable” or “unreasonable,” or that place a burden on US commerce.

It’s the fourth time Brussels has sanctioned Google with a multibillion-euro fine in an antitrust case, in a wider battle with regulators that dates back to 2017.