Trump announces 30% tariffs on the EU and Mexico

President Donald Trump said that on Saturday the US would bring 30% rate On goods from the European Union and Mexico, which will come into force on August 1.

Trump revealed new rates in letters to the President of the European Commission Ursul von der Leyen and Mexico President Claudia Sheinbaum, which he published On your social media site, the truth is social.

The EU sought at least

However, he still managed to provide it, despite the fact that both sides recently mentioned progress in their negotiations after Trump gave up threatening 50% tariffs on the block.

This week, Trump has sent similar letters to 23 other US trading partners, including Canada, Japan and Brazil, setting tariffs for a blanket tariff from 20% to 50%.

The letters mainly create new tariff levels as a necessary part of Trump administration to quickly set more “return” world trading landscape.

Trump tried to do this at one time, which took place with his “Liberation” tariff on April 2, when he introduced an almost global tariff by 10% and sent higher import duties for almost 60 individual countries.

The announcement caused the days of mad sale in the world markets. A week later, Trump put a 90-day pause on almost all higher rates.

His trade officials suggested that the US could strike up to 90 new trading deals during this interval. But by the time the pause should end on Wednesday, the administration has only nominated previous agreements with the UK and Vietnam.

Trump expanded this tariff pause on Monday by August 1. The tariff rates, which he set in his recent number of letters, are planned to start on the same day.

On Thursday, Trump said NBC News plans to strengthen its world tariff rate up to 20%.

“We just say that all other countries will pay, whether 20% or 15%. We will work now,” Trump said.

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