China's "DeepSeek moment" is likely to be good news in the global race to develop AI models, according to French power-equipment maker Schneider Electric.
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.
One of the mechanisms Europe has at its disposal to make up the shortfall of American backing is to fully seize frozen Russian assets held in the region.