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EU antitrust fine on Google risks escalating trade tensions with incoming US administration
Politico EU·EU · US·3 days ago
President Trump has threatened new tariffs on European goods in response to the EU's antitrust fine against Google. This rhetoric suggests a potential collapse of the Turnberry agreement, though the specific scope and timeline of the proposed measures remain unconfirmed.
Large-scale wildfires are actively spreading across France and Spain, particularly threatening Bordeaux and Madrid, leading to mass evacuations and significant atmospheric impact. Concurrently, global markets are exhibiting increased volatility, with the VIX rising and the Japanese Yen reaching a 40-year low. The full extent of property damage and the long-term economic impact of both situations remain unclear.