Reported about 4 hours ago
President Donald Trump announced a 30% tariff on goods imported from the European Union and Mexico, effective August 1, 2025. This decision has drawn a range of responses, with European leaders emphasizing their commitment to dialogue and trade cooperation, while U.S. lawmakers criticize the tariffs as harmful to American families and economic growth. Concerns about escalating trade tensions and their potential impact on both sides of the Atlantic are prevalent among industry representatives and economists.
Source: YAHOO