Tariffs

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Trump says Mexico, EU to face 30% tariff from 1 Aug

Since returning to the presidency in January, Trump has unleashed sweeping tariffs on allies and competitors alike, roiling financial markets and raising fears of a global economic downturn. President Donald Trump on Saturday said major US trading partners Mexico and the European Union would face a 30 percent tariff starting next month, ramping up pressure for deals in his trade wars. Both sets of duties would take effect 1 August, […]

today12/07/2025 1

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