Trump Says He’s Open to Tariff Talks With EU
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President Trump is threatening the European Union and Mexico with 30% tariffs. The EU warns of counter measures if the tariffs kick in on Aug. 1.
President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s biggest trading partners, in an ongoing tariff campaign that’s upended global trade since he retook office in January.
The move comes amid a separate push by President Trump to increase tariffs on dozens of U.S. trading partners, including Mexico, which was told over the weekend to expect 30% tariffs starting in August.