US President Donald Trump announced on Saturday that Washington will impose 30% tariffs on two of its key trade partners: the EU and Mexico.
Just days earlier, Trump declared a flurry of tariffs on key US allies in Asia, as well as on certain BRICS nations.
The president revealed the new rates in letters to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum, which he posted on Truth Social on Saturday. The tariffs are to take hold on August 1.
Trump accused Mexico of not doing enough to fight the trafficking of fentanyl into the US, and noted that the tariff could be lowered if the nation is successful in…
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