{"id":1718,"date":"2026-07-24T21:43:08","date_gmt":"2026-07-24T21:43:08","guid":{"rendered":"https:\/\/modernhomejournals.com\/?p=1718"},"modified":"2026-07-24T21:43:08","modified_gmt":"2026-07-24T21:43:08","slug":"trump-threatens-the-eu-with-tariffs-over-fines-on-tech-companies","status":"publish","type":"post","link":"https:\/\/modernhomejournals.com\/?p=1718","title":{"rendered":"Trump Threatens the EU With Tariffs Over Fines on Tech Companies"},"content":{"rendered":"<div>\n<div>\n<\/div>\n<div>\n<p>President Donald Trump said Friday that the U.S. will launch an investigation into the European Union and potentially impose tariffs, claiming the bloc unfairly imposed billions of dollars in fines on the U.S.\u2019s biggest tech companies.<\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=1714\">Heritage Foundation Employee Faces Drug-Possession Charge After Capitol Hill Screening<\/a><\/p><p>\u201cThis illegal and highly discriminatory practice started at these high levels during the first year of the Sleepy Joe Biden Administration, but it\u2019s not going to continue during the Trump Administration. The United States of America is not a \u2018PIGGYBANK\u2019 for Europe, nor will we allow it to be!\u201d Trump <span><u>wrote<\/u><\/span> on Truth Social Friday, listing Apple, Meta, Amazon and Google as companies that have been excessively fined.<\/p>\n<p>Trump said his administration will \u201cimmediately\u201d launch an investigation under Section 301 of the Trade Act of 1974. The law allows for the imposition of tariffs if the investigation ends up providing evidence of unfair trade practices.<\/p><p>\u201cThe European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about,\u201d Trump wrote in the post. \u201cThe penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment.\u201d<\/p>\n<section>\n<div>\n<h2>\n<span>Trending<\/span>\n<\/h2>\n<\/div>\n<div>\n<div>\n<ul>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"Mike Johnson\" class=\"wp-image-1670\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b16cb8affd0ed2994e93e8d88f991fd4-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b16cb8affd0ed2994e93e8d88f991fd4-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b16cb8affd0ed2994e93e8d88f991fd4-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b16cb8affd0ed2994e93e8d88f991fd4.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      Mike Johnson Is \u2018Sick of This Shit\u2019 (But Sorry He Said So)\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"National Guard keep watch on the Capitol\" class=\"wp-image-1704\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b85d60442f6bb7351ba8dfe3a6976dfd-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b85d60442f6bb7351ba8dfe3a6976dfd-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b85d60442f6bb7351ba8dfe3a6976dfd-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b85d60442f6bb7351ba8dfe3a6976dfd.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      National Guard Signs $292M Housing Contract for Troops in Washington, D.C.\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"SINGH_FAMILY_NOTUS_JM060 copy.jpg\" class=\"wp-image-1539\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/76445c2cef10e3d52043b0529872c58a-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/76445c2cef10e3d52043b0529872c58a-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/76445c2cef10e3d52043b0529872c58a-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/76445c2cef10e3d52043b0529872c58a.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      Suspicion and Doubt at the National Civics Contest\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"Budget Deficit\" class=\"wp-image-1717\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/1851152d04fcd31b726f08be231e78e6-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/1851152d04fcd31b726f08be231e78e6-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/1851152d04fcd31b726f08be231e78e6-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/1851152d04fcd31b726f08be231e78e6.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      A Heritage Employee Was Caught With Drugs Trying to Get Into the Senate, Police Say\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/section>\n<p>The EU <span><u>announced<\/u><\/span> Thursday that it was fining Google the equivalent of $1 billion for what it said were breaches of antitrust rules through Google Play and its search engine.<\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=1712\">South Carolina Keeps the Top Spot on the 2028 Calendar<\/a><\/p><p>The Trump administration condemned the fine later Thursday.<\/p><p>\u201cThe EU\u2019s various fines of Google alone add up to over 2 percent of the EU\u2019s budget\u2014a larger \u2018contribution\u2019 to the budget than many EU member states. Add in the recent announcement of the largest ever state-backed loan to Airbus, and it becomes clear that the EU continues to target the most competitive U.S. companies,\u201d Trade Ambassador Jamieson Greer said in a <span><u>statement<\/u><\/span>.<\/p><p>Trump faced a large setback to his tariff policy earlier this year when the Supreme Court <span><u>decided in a 6-3 ruling<\/u><\/span> to strike down the president\u2019s sweeping tariffs on U.S. trade partners.<\/p><p>However, he\u2019s found new ways to implement tariffs, including through Section 301 of the Trade Act. On Thursday, the U.S. <span><u>imposed tariffs on 60 economies<\/u><\/span> \u201cfor their failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.\u201d<br\/><\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=1710\">The LeBron James Sixers Really Could Win It All<\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The president accused the European Union of \u201cillegal and highly discriminatory\u201d practices against U.S. companies.<\/p>\n","protected":false},"author":1,"featured_media":1715,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trump-white-house"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump Threatens the EU With Tariffs Over Fines on Tech Companies - 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