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Donald Trump announces 30% tariffs on goods from the EU and Mexico

The president made the announcement on social media, even as the EU was hoping for a trade agreementDonald Trump announced on Saturday that goods imported from both the European Union and Mexico will face a 30% US tariff rate starting 1 August, in letters posted to his social media platform, Truth Social.In his letter to Mexico’s leader, Trump acknowledged that the country has been helpful in stemming the flow of undocumented migrants and fentanyl into the United States. Continue reading...

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