President Trump says ‘I told you so!’ after Europe fines Google $5 billion

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President Donald Trump attacked the European Union for fining Google $5 billion for harming its competitors, tweeting that the incident proved the regional bloc has “taken advantage of the U.S., but not for long!” To President Trump, the fine appeared to serve as the latest evidence of Europe’s exploitation of the United States on a variety of matters, including trade and nations’ contributions to defense spending, and it came a day after he threatened “tremendous retribution,” particularly on European-made cars, if the EU doesn’t change its trade policies. The EU’s penalty stood in stark contrast with the United States, where federal antitrust regulators previously investigated Google’s search and advertising businesses but concluded their probe in 2013 without bringing major penalties against the tech giant. 


President Trump says ‘I told you so!’ after Europe fines Google $5 billion Trump lashes out at EU over massive Google fine: 'I told you so' (The Hill)