Trump cautioned that any attempt by the EU or Mexico to counter the tariffs with their own will result in even higher rates on their exports to the United States.
President Donald Trump declared on Saturday that goods imported from the European Union and Mexico will face a 30 per cent tariff beginning August 1. The announcement was made through letters addressed to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum, which Trump shared Saturday via his social media platform, Truth Social, according to a Reuters report.
Trump cautioned that any attempt by the EU or Mexico to counter the tariffs with their own will result in even higher rates on their exports to the United States.
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