Trump says 30 percent tariffs against the EU and Mexico will begin on August 1 business and economic news


This shows 5 percent and 10 percent increase in Mexico and EU, respectively.

The United States President Donald Trump has introduced 30 percent to imports from Mexico and started a more comprehensive trade agreement in the European Union, major trade partners, starting from August 1.

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Earlier this week, Trump, Japan, South Korea, Canada and Brazil, gave new tariff announcements for more than 20 countries 50 percent tariff on copper.

This year, this year, it is higher than 25 percent of Levy Trump, which previously put in Mexico goods – although the products included in the United States were released under the US-Mexican-Canada Agreement.

The EU tariff is also very steeper than a 20 percent tax trump opened in April.

In response, President of the European Commission Ursula Von Der Leien, the necessary steps to protect the interests of the EU, “he said,” he said, “he said,” he said, “he said,” he said.

Von Der Leyen said the bloc “to continue to work on August 1,” he said.

The other three EU officials reuters told the news agency that Trump’s threat of the EU tariff is talking tactics.

The EU was established to see that the US tariff level increased by 10 percent on Wednesday, but Trump, the rates were back to the last date until the deadline until the deadline.

27 Country Block is exposed to strong pressures

Canada received a similar letter before To set 35 percent of tariffs to their goodsWhile Trump has Threatened by applying 50 percent of the goods in BrazilVengular for “Witch-OV”, the highest allied President Jair Boldsonaro was convicted of the alleged trial in a plot to cancel the country’s 2022 elections.

Since returning to the White House in January, tariff orders began to form ten billion dollars in ten billion dollars per month for the US government. US customs duties revenue on $ 100 billion in the Federal Financial Year, according to the US Treasury information on Friday.

However, global economy and markets have been over a rollercoaster to continue for the near future.



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