S7/10Economic

Trump vows fresh tariffs on EU in retaliation for US$1 billion Google fine

US President Donald Trump threatened new tariffs on products from the European Union in retaliation for the bloc’s US$1 billion (€890 million) fine of Alphabet’s Google. The president in a social media post on Friday said the US would launch a trade investigation “into the practice of ‘ROBBING’ American Companies and, in turn, the American Taxpayer”. “The penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment,” Trump...

24 Jul 2026, 19:42 UTCSource: South China Morning PostOriginal source

Click a tag to subscribe via email/Telegram (manage channels in Account).

⚠️ This is a probabilistic forecast, not a guarantee. Accuracy is measured only on resolved scenarios; monitor confirmation indicators below.

Scenario analysis in progress…