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Trump threatens new EU tariffs in retaliation for fines on US tech groups

President says Washington will launch new probe into the bloc that could sharpen trade tensions

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DW NOTE

Trump is recycling the Section 301 playbook — threaten an investigation, float retaliatory tariffs, extract concessions. The EU has fined U.S. tech companies €13 billion since 2016 for tax avoidance and antitrust violations; those penalties are grounded in treaty law, not whim. A new trade probe won't change that Brussels enforces its competition rules, but it will sharpen the risk of parallel tariff escalations while the Hormuz closure has already knocked 5 million barrels per day off global demand. Picking a transatlantic trade fight in the middle of the largest oil disruption in history is a choice.

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Trump threatens new EU tariffs in retaliation for fines on US tech groups

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