Donald Trump: US President threatens EU and Mexico with 30 percent tariffs

Donald Trump: US President threatens EU and Mexico with 30 percent tariffs

Trade conflict
Trump announces 30 percent tariffs on EU products from August








The EU had hoped for a trade agreement with the USA. But US President Donald Trump preferred to from the EU from August 1st with tariffs.

US President Donald Trump has announced that he will raise an inch of 30 percent of August 1. The Republican wrote this on his Truth social platform. In the event of countermeasures, Trump threatened further customs increases.

The letter threatens a further escalation of the trade conflict. The European Union and the United States had recently tried to find a mutual solution in weeks of discussions.

The United States is the most important trading partner for Germany. With his customs policy, the Republican wants to correct alleged trade weights and achieve that more is produced in the United States. In the worldwide customs conflict, Trump initially set a deadline of July 9 for new tariffs and extended them to August 1st days ago. In the past few weeks, the United States had spoken to many countries.

Donald Trump sends many customs letters

In the past few days, US President Trump had announced a number of new tariffs against certain countries, most recently for imports from Canada and Brazil.

In the middle of the week, EU Commission President Ursula von der Leyen carefully expressed the prospect of setting up the customs conflict. At the same time, she had made it clear that the EU was also prepared for the option of a further escalation to the trade dispute and that she prefers not to have a deal rather than a bad one.

No agreement in the trade dispute with the EU

Trump was asked by a journalist on Monday whether he was optimistic to achieve a possible deal with the European Union. He had replied that one was probably removed from an agreement for two days.

Note: This article has been updated.

Dpa

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Source: Stern

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