But his apparent willingness to de-escalate America’s trade war with the world’s second-biggest economy has been brushed off by government officials in China and ridiculed online as “chickening out.” On Tuesday,

The European Commission has fined the U.S. tech giants Apple and Meta for breaching its digital market rules. Apple was fined €500 million ($570 million) for preventing app makers from pointing users to cheaper options outside its App Store.