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Trump Announces 30% Tariff on EU and Mexico

Trump Announces 30% Tariff on EU and Mexico

U.S. President Trump released a statement on his social platform Truth Social today (the 12th), announcing a 30% tariff on goods imported from the EU and Mexico. The statement indicated that if Mexico effectively combats drug trafficking and prevents fentanyl from entering the U.S., or if the EU agrees to open its market and remove trade barriers, the U.S. would consider adjusting these tariff policies.