The billionaire adviser to the Trump administration appeared to part ways with the president in a videoconference appearance with Italy’s far-right League party.
Margrethe Vestager and Thierry Breton, then E.U. officials, announcing the Digital Services Act in 2020. The law is meant to prevent the spread of illegal content and disinformation.
European authorities have been weighing how big a fine to issue X as they consider the risks of further antagonizing President Trump amid wider trans-Atlantic disputes over trade, tariffs and the war in Ukraine.
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.
Not even America’s closest trading partners were spared by a policy broadside that spooked investors and left policymakers scrambling to formulate responses.
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.