Trump announces 30% tariff on EU and Mexico
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Trump announced on Saturday that a 30% tariff hike for Mexico and the European Union will start on August 1. Emmanuel Macron called on the bloc to 'step up the preparation of credible countermeasures' if the two sides failed to reach an agreement by that day.
The United States' decision to impose a 30% tariff on European Union goods from August 1 has drawn criticism from Dutch Prime Minister Dick Schoof. He and other officials urge unity within the EU to seek a mutually beneficial resolution,
On Saturday morning, Trump posted letters to his Truth Social account outlining his plans to impose 30% tariffs on goods coming into the United States from Mexico and the European Union starting next month, leaving a short window for potential trade deals before that deadline.