Trump slaps 30% tariffs against EU, Mexico to begin Aug 1

New Delhi: US President Donald Trump on Saturday issued 30 per cent tariffs on imports from Mexico and the European Union (EU), to renegotiate trade terms before the August 1 deadline.

The European Union will allow complete, open Market Access to the United States, Trump said in its letter posted on Truth Social, or "whatever the number you choose to raise them by, will be added on the 30 per cent that we charge."

The 27-country EU bloc is under pressures as Germany urged a quick deal to safeguard its industry.

In his letter to Mexico, Trump said the country has been "helping me secure the border," but added that it wasn't enough. "Mexico still has not stopped the Cartels who are trying to turn all of North America into a Narco-Trafficking Playground. Obviously I cannot let that happen!" Trump said in the letter to Mexican President Claudia Sheinbaum. (IANS)

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