It shows 5 percent and 10 percent increase on Mexican and EU on Mexican and EU respectively.
US President Donald Trump has imposed a 30 percent rate on imports from Mexico and European Union from August 1, and no more comprehensive trade agreement after the negotiations with the main business partners.
In an independent letter posted on his truth social platform on Saturday, Trump announced the new rates on two largest trade partners in the United States, said he said that the illegal migration of Mexico in the United States and illegal drugs and trade imbalances in the European Union respectively.
Earlier this week, Trump issued announcements for more than 20 countries, including Japan, South Korea, Canada and Brazil. 50 % rates on copper??
At the beginning of this year, 25 percent of the duties imposed on Mexican goods are higher than Levi Trump-Products that enter the United States under the US-Mexico-Kanada Agreement have been exempted.
In April, the European Union rates are also clearly steepper compared to Trump’s 20 % tax Trump.
In reply to that, European Commission Chairman Ursu Von Deer Lane said, “With the adoption of certified countersomes if needed, the European Union is ready to protect its interests. “”
In a statement, Von Deer Layan said the block was “ready to work towards the contract by August 1”.
Three other EU officials Ree said that Trump’s risk of EU tariff was a negotiation trick.
The European Union, with other dozens of other economies, had raised US rates on Wednesday by 10 per cent, but only 1 day before the heavy rate implemented, Trump withdrew the deadline till August 1.
Powerhouse Germany appeals to a quick agreement to protect its industry, and the 27-country groups are putting contradictory pressure, while other members of other European unions like France say that EU negotiations should not only benefit the United States.
Canada has received a similar letter before Setting 35-Picks rates on his goodsAre Trump Threatened to impose a rate of 50 percent on the goods made in BrazilWhile revealing the “Dyn-Hunt” lawsuit against his far-reaching associate former President Jar Bolson, he has been prosecuted for the alleged role of conspiring to overtake the election of the country.
Since returning to the White House in January, Trump has started earning billions of dollars a month in a new US government’s new revenue from Tariff’s order. According to US Treasury data on Friday, US custom duty shot for $ 2 billion in the federal financial year.
But the global economy and market are on rollercoster, which continues for the near future.
