I want to start on your discussions with the European Union. We were hearing some noise that it doesn't necessarily include reducing steel and aluminum tariffs from 50% to 15%. Is that off the table for now.Know what we're talking about. Everything is on the table When you have such a great partner as the European Union. They have 450 million people and a $20 trillion economy.So the opportunity is great. They would like to have steel and aluminum as part of this package. And we think it is very, very import ...

Regulatory Environment - Europe is relaxing digital regulations to boost growth [1] - The aim is to reduce reliance on U.S tech companies [1]

Core Insights - Apple Inc. and Meta Platforms Inc. are nearing a settlement to resolve their antitrust cases with the European Commission, aiming to amend business practices to avoid further fines [1][2][3] Group 1: Settlement Negotiations - The companies are in the final stages of negotiations with European regulators to address various business practices after being fined €700 million ($772 million) in April for violating the EU's Digital Markets Act [2][3] - A settlement would help both companies avoid daily financial penalties that could reach up to 5% of their average global daily revenue [6] Group 2: Regulatory Challenges - European officials are optimistic about reaching a solution with Meta, although initial proposed changes were found inadequate, particularly regarding consumer navigation of Meta's options in the EU [4] - Apple is also negotiating new contractual terms for developers and has expressed intentions to amend its App Store policies [4] Group 3: Historical Context - Apple contested a €500 million ($586 million) fine in July 2025 for alleged anti-competitive practices, labeling it as "unprecedented" [5] - Meta had a more favorable interaction with the Commission in September 2025, receiving approval for a joint venture with India's Reliance Industries Limited focused on enterprise AI services [5] Group 4: Company Performance Metrics - Meta has a higher growth rating of 85.66%, while Apple's growth rating is below 30%, indicating differing performance trajectories [7]

The US will defend American companies from digital and environmental regulations taking effect in the European Union that may unfairly target them, according to the new US ambassador to the EU https://t.co/DccwUwRmOC ...

Regulatory Landscape - The European Union strongly refuted allegations of unfairness in its digital regulations [1] - This rebuttal follows threats from US President Donald Trump to impose tariffs on countries with digital services taxes [1]

Regulatory Landscape - EU's digital regulation efforts are hindering a joint trade statement [1] Trade Relations - The Financial Times reported on the hold-up of the joint trade statement [1]