Trump threatens 30% tariffs on EU imports, sparking trade tensions

U.S. President Donald Trump has threatened to impose 30% tariffs on EU imports starting August 1, escalating transatlantic trade tensions sharply.

U.S. President Donald Trump has announced that starting August 1, a 30% tariff will be imposed on imports from the European Union. This bold move, shared via Truth Social, also included a separate letter to Mexico’s president, warning of additional trade restrictions. The EU and Mexico are among America’s largest trading partners.

Trump’s...