Donald Trump announces 30% tariffs on goods from the EU and Mexico | Trump tariffs
Donald Trump announced on Saturday that the goods imported from both the European Union and Mexico will face a 30% US tariff ratio with letters sent to Social, the truth of the social media platform.
In a letter to Mexico’s leader, Trump acknowledged that the country helps the United States to reduce the flow of immigrants and Fentanyl without documentary.
However, he said he did not do enough to prevent the country from transforming North America into a “narco-traffic playground”.
“We spent years to discuss our trade relationship with the European Union and decided that we need to get away from this long -term, big and lasting trade deficits, tariffs, tariffs, tariffs, policies and trade barriers,” Trump said. “Unfortunately, our relationship was far from being mutual.”
The UNCAIN ORAN, the EU’s hopes of deesculation and trade agreement took a blow. It is much higher than 10%, which is thought to have been negotiated by the European Trade Commissioner Maroš šefčovič, and may risk a trade war with the goods of low margins, including Belgian chocolate, Irish butter and Italian olive oil.
Like the British agreement, the EU agreement is in principle an agreement and is not legally binding. The headlines covers only with sources that confirm that the draft, which was shown to the ambassadors at a secret meeting on Monday.
By demanding the reopening of the negotiations, Brussels sees the last threat by Trump as a maneuver to get more concessions from the EU, which he once described as “nastier ından from China when it was once trade.
In any case, more negotiations are needed to form a legal text that can be officially recorded by the US government, which is a risk of risk.
The UK took seven weeks to record its contract, including to reduce car exports from 27.5% to 10%, but the zero tariff agreed for the British steel industry was neglected.
The agreement ended a turbulent week for the EU with the declaration of an extension for talks until August 1st on Monday, and then announced that the EU will receive a letter that will receive a letter that determines the “new US tariff rate within 48 hours and made the block be“ very hard ”from being“ very hard ”.
However, diplomats saw Trump as a mixed message because he stressed that he was still talking to the block negotiators, but he was dissatisfied with European policies for US technology companies.
Douglas Holtz-Eakin, former Congress Budget Office Director and President of the Central-Health American Action Forum, said the letters have not been in serious trade talks in the last three months. He stressed how nations were exposed to the US economy and Trump among themselves.
Holtz-Eakin said, “They spend time to talk to each other about what the future will look like, and we’ve stayed out,” Holtz said.
He added that Trump used the letters to draw attention, but he said, “In the end, letters about the taxes he will give to other countries about his citizens.”
