President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and consumers on both sides of the Atlantic.

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude in the previous three months, EU diplomats said.

Matej Drlicka, sacked as Slovak National Theater chief by Robert Fico, called on the European Union to protect cultural and artistic freedom.

TikTok is facing a fresh European Union privacy investigation into user data transferred to China. The Irish Data Protection Commission opened the inquiry as a follow up to a previous investigation that ended earlier this year with a 530 million euro fine.

Uncertainty persists about when a trade agreement between the U.S. and EU may be struck. U.S. President Donald Trump has suggested an agreement could come as soon as this week, however. The European Union (EU) is stuck in limbo as uncertainty persists around when a trade agreement with the U.S. might be reached.

President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.

Israel has agreed to allow in fuel for the first time since March; the E.U. will have a presence at border crossings.