Afghanistan, July 13 -- U.S. President Donald Trump has threatened to impose 30% tariffs on EU imports starting August 1, escalating transatlantic trade tensions sharply.
U.S. President Donald Trump has announced that starting August 1, a 30% tariff will be imposed on imports from the European Union. This bold move, shared via Truth Social, also included a separate letter to Mexico's president, warning of additional trade restrictions. The EU and Mexico are among America's largest trading partners.
Trump's letter to EU Commission President Ursula von der Leyen demanded the complete elimination of European tariffs as a precondition for any future agreement. He claimed the EU's trade policies have led to "massive and chronic deficits" for t...