NEW YORK, July 12 (Xinhua) -- U.S. President Donald Trump announced Saturday morning that 30 percent tariffs will be imposed on the European Union (EU) and Mexico as of Aug. 1.

European Commission President Ursula von der Leyen said in a statement on April 10 the EU will put its countermeasures over U.S. tariffs on hold for 90 days. The EU has readied for possible ...

The European Commission is expected to propose additional retaliatory measures against other U.S. tariffs as early as next week. "I expect that will happen early next week. Also early next week is the ...