President Trump has announced a staggering 30% tariff on imports from the EU and Mexico, effective August 1. This move could escalate tensions as he threatens even higher taxes if retaliatory measures are taken. Will this spark a trade war?
In a surprising twist, President Trump has agreed to postpone a 50% tariff on European Union imports until July 9, following a productive call with EU Commission President Ursula von der Leyen. This move comes amid ongoing trade tensions and raises questions about future negotiations.