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Trump Imposes 30% Tariff on EU to ‘Correct’ Trade Deficit
US President Donald Trump has announced that all imports from the EU and Mexico will have a 30% tariff as of August 1. He sent letters to EU President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum informing them of the new rates, which were also posted on his Truth Social account on Saturday.
President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders.
The president wants to keep other nations guessing, but his strategy faces risks.
Domestic politics in trading partner countries, as well as China's influence, are complicating Trump's tariff negotiations.
The European Union's Trade Commissioner on Monday said talks with the U.S. would continue but the bloc must be "prepared for ...
China's trade surplus surged in June, which analysts have attributed to exporters rushing to ship products before U.S.
President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders ...
The country’s new prime minister, Mark Carney, has been called the “Trump whisperer,” and negotiations have been cordial and ...
U.S. stock indexes are edging mostly lower following President Donald Trump’s latest updates to his tariffs, but Wall Street ...
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