Elon Musk's social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching online content rules, the first sanction under landmark legislation that once again drew criticism from the US government. X's rival TikTok staved off a penalty with concessio»»»

BRUSSELS — The European Commission will react "firmly and immediately" to reciprocal tariffs announced on Thursday by US President Donald Trump, saying it was “a step in the wrong direction”, and an open global system “benefits all partners”, in a statement issued by the executive on Friday.“The EU»»»

Defending a rules-based trading system based on low tariffs, the EU executive said reciprocal tariffs were unjustified and that it will react swiftly. ADVERTISEMENTThe European Commission will react "firmly and immediately" to reciprocal tariffs announced on Thursday by US president Donald Trump, s»»»