US President Donald Trump launches a 301 trade investigation into the EU following a $1 billion fine on Google for competition law violations, threatening new tariffs.
US President Donald Trump threatens EU with tariffs in retaliation for $1 billion fine on Google, citing need for trade investigation under Section 301 of the Trade Act.
The European Commission seeks de-escalation with the US after fining Google €890 million under the Digital Markets Act, which angered Washington and jeopardized transatlantic trade dialogue. Brussels aims to engage while preserving its regulatory autonomy.
The US has initiated a trade probe into Germany's drug pricing policies, suspecting systematic underpayment for innovative medicines. Washington claims US patients bear a disproportionate R&D cost burden and warns of potential trade measures, including tariffs, if no resolution is reached.
Febraban defended PIX, a Brazilian instant payment system, against US trade investigation claims that it unfairly favors domestic expansion. The federation stated PIX is payment infrastructure, not a commercial product, and operates openly and non-discriminatorily.
