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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.
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The European Union is pushing back against US tariff threats, signaling potential retaliatory measures if negotiations fail.
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President Trump announced new tariff rates effective Aug. 1, sending letters to multiple countries. Explore our comprehensive ...
Wall Street is pointing lower before the opening bell with new tariffs announced for Europe and Mexico and as the unofficial ...
The 30% tariff on EU imports could severely impact transatlantic trade. EURUSD has held steady as markets expect the tariffs ...
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Proponents said the import tax will help rebuild the shrinking U.S. tomato industry and ensure that produce eaten in the U.S.
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