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Trump Imposes 30% Tariff on EU to ‘Correct’ Trade Deficit
US President Donald Trump has announced that all imports from the EU and Mexico will have a 30% tariff as of August 1. He sent letters to EU President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum informing them of the new rates, which were also posted on his Truth Social account on Saturday.
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Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.
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