The European Union and the United States took one ultra-laborious step forward in ratifying their bilateral trade deal in late June. Now, the trading partners may be taking several steps back from the hard-fought truce, which took nearly a year to complete.
That's due to an European Commission announcement on Thursday that American tech juggernaut Google will be fined 890 million euros (close to $1 billion) for allegedly violating the trade bloc's Digital Markets Act.
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That's due to an European Commission announcement on Thursday that American tech juggernaut Google will be fined 890 million euros (close to $1 billion) for allegedly violating the trade bloc's Digital Markets Act.
More from WWD
Trump's USTR Imposes Double-Digit Duties on Dozens of Nations Under Forced Labor Probe
Could EU's Clothing Destruction Ban Change How Fashion Overproduces?
#united #commission #american
2 months ago