U.S. President Donald Trump signed proclamations late on Monday to raise tariffs on all steel and aluminium imports to 25% without exceptions or exemptions. A White House official confirmed that the measures would take effect on March 4.

The European Union hopes to avert a damaging trade war with the U.S. over impending metals tariffs by prioritising negotiations rather than retaliatory countermeasures, EU officials signalled on Wednesday.

European Union trade chief Maros Sefcovic spoke with three top members of US President Donald Trump’s incoming administration on how to find a solution to the brewing transatlantic trade dispute.

Meta Platforms Inc. is prying open its previously guarded Facebook Marketplace platform to a swathe of classified ads rivals, in a renewed attempt to comply with a landmark European Union antitrust order that was accompanied by a €798 million ($829 million) fine.

Meta Platforms will allow rival classified ads service providers to list ads on Facebook Marketplace, the company said on Thursday, three months after it was hit with a 797-million-euro ($828 million) EU antitrust fine for giving its own service an unfair advantage.

Meta Platforms is rolling out a new partnership program to appease European Union antitrust regulators that will let rival classified advertisement companies list ads on Facebook Marketplace in the EU.