Trump Threatens Trade Retaliation Over EU Google Fine

Published: 2025-09-06 13:59:20 |

U.S. President Donald Trump has threatened trade retaliation after the EU imposed a $3.5 billion EU Google fine. He warned of invoking a Section 301 investigation to nullify what he calls discriminatory penalties on U.S. tech firms. Trump noted the bloc has fined Google’s Alphabet a total of $16.5 billion and hit Apple with $17 billion in antitrust charges. He claims these measures harm American jobs and investments. The European Commission says Google abused its digital ads dominance by favoring its own exchange, raising the company’s EU liabilities to about €10 billion. Google plans to appeal, arguing the EU fine will hurt thousands of European businesses. EMarketer projects Google’s global ad revenue will reach $205.04 billion in 2025, with $171.72 billion from search and $33.33 billion from display ads.

Neutral

This news is classified as neutral for crypto traders. It centers on U.S.-EU tech and trade tensions, not directly involving cryptocurrencies or blockchain regulation. Historical antitrust disputes and trade retaliation measures have typically had minimal direct impact on crypto markets. While broader market volatility from political friction might spill over into risk assets, crypto traders are unlikely to see significant directional shifts based solely on this announcement.