💰 Trump Announces Tariff Hike on EU Cars from 15% to 25%
US President Trump announced he will raise tariffs on EU imported cars from the current 15% to 25%, escalating transatlantic trade tensions.
EU
EU Charges Meta Under Digital Services Act for Failing to Block Under-13s on Facebook and Instagram
The European Union has formally charged Meta under the Digital Services Act for failing to effectively prevent children under 13 from using Facebook and Instagram, with potential fines of up to 7% of global revenue.
EU Expands Big Tech Rules to Target Cloud Services and AI
EU regulators announce plans to extend the Digital Markets Act to cloud services and AI, intensifying oversight of tech giants.
EU Adopts Implementation Rules for World's First AI Act
The European Commission has published detailed implementation rules for the AI Act, the world’s first comprehensive AI regulatory framework, expected to take effect in July.