Dhaka, July 13 -- President Donald Trump on Saturday unveiled plans to impose 30% tariffs on imports from the European Union and Mexico starting August 1, escalating tensions with two of the United States' most important trading partners.
In letters posted to his social media account, Trump justified the move as part of his broader campaign to "rebuild" the U.S. economy, arguing that the country has long been exploited in global trade. He claimed the tariffs are necessary to correct trade imbalances and protect national security.
Addressing Mexican President Claudia Sheinbaum, Trump acknowledged Mexico's cooperation on border security and drug trafficking but insisted it hadn't done enough to prevent the U.S. from becoming a "Narco-Traf...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.