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Reaction to Trump Announcement of 30% Tariffs on EU, Mexico
(Reuters) - Goods imported from both the European Union and Mexico will face a 30% U.S. tariff rate starting August 1, U.S. President Donald Trump said in letters posted to his social media platform on Saturday. Following are reactions to the announcement:
President Announces 30% Tariffs on E.U. and Mexico
President Trump announced in a letter posted to social media on Saturday that he would place a 30 percent tariff on goods from the European Union, upending months of careful negotiations and further roiling what is one of the world’s most important economic relationships.
One-fifth of the EU’s exports are heading to the US. Tariffs on the carmaking sector hit the German economy the most, but potential tariffs on the pharmaceutical one could cost substantially to the ...
The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, immigration constraints intensify ...
Germany's Economy Minister Katherina Reiche warns that President Trump's proposed 30% tariffs on EU imports could harm ...
Global investors got a harsh reminder of the risks around trade tariffs and U.S. President Donald Trump's deal-making on ...
US tariff policy reduces trade and heightens uncertainty, decelerating both economic and insurance premium growth around the ...
The EU is prepared to retaliate if the U.S. imposes a 30% tariff on European goods. European leaders vow unity and caution ...
Costs are mounting for the U.S. defense industry, critical infrastructure, and relations with partners and allies.
At the time of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, clings to ...
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