US President Donald Trump announced on Saturday that it imposes 30 percent definitions against the European Union and Mexico starting August 1, after weeks of negotiations with the main trade allies who failed to reach a more comprehensive trade deal.
Fresh definitions were announced in separate messages posted on Truth Social on Saturday.
Earlier this week, Trump released new tariffs for a number of countries, including CanadaJapan, South Korea and Brazil, in addition to a 50 percent tariff on copper. The European Union was hoping to reach a comprehensive trade agreement with the United States for 27 blocs.
In his message to the leader of Mexico, Trump admitted that the country was useful in organizing the flow of unconventional and fentian immigrants to the United States.
But he said that Mexico did not do enough to prevent North America from turning into a “NARCO Stadium”.
In his message to the European Union, Trump said that the American trade deficit was a threat to national security.
Trump wrote in the letter to the European Union: “We had years to discuss our trade relationship with the European Union, and we concluded that we must stay away from this long, large, continuous, and commercial deficit, which is generated by your tariff, non -barriers, and commercial barriers,” Trump wrote in the letter to the European Union. “Our relationship was, unfortunately, far from mutual.”
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In response to the latest Trump tariff announcement, the Mexican Ministry of Economy said that the bilateral working group aims to reach an alternative to the 30 % definitions before it entered into force.
The ministry’s statement said that Mexico was informed by the United States that it would receive a message about the tariff, adding that Mexico was negotiating.
Prime Minister Mark Carney responded to the latest threat to US President Donald Trump to impose a 35 percent tariff on all Canadian goods, saying that the “revised deadline” of the deal is August 1 and that “Canada has made vital progress to stop the Ventanil scourge.”
Ursula von der Lin, President of the European Commission, the main executive body of the European Union, has spoken of the effect of Trump’s tariff on the production and distribution of goods.
She said: “The imposition of a 30 percent tariff on the European Union exports would disrupt the basic across supply chains, at the expense of companies, consumers and patients on both sides of the Atlantic Ocean.”
“The European Union has given priority to a priority of a negotiating solution with the United States, which reflects our commitment to dialogue, stability and constructive via sub -Atlantic partnership.
“We are still ready to continue to work for an agreement by August 1. At the same time, we will take all the steps necessary to protect the interests of the European Union, including adopting the appropriate counter -measures if necessary.”
Trump is in the midst of a announcement of a new tariff with allies and enemies alike, and it is the basis for his 2024 campaign he said he would lay the basis for reviving the American economy that he claims has exploded by other countries decades ago.
With mutual definitions, Trump is effective with rules that govern global trade.
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For decades, the United States and most other countries have been eliminated from the specified tariff rates through a series of complex negotiations known as the Uruguay tour. Countries can set their own tariffs, but under the “most preferred nation” approach, they were unable to impose fees on a country more than they were receiving there.
With Saturday messages, Trump has now released tariff conditions on 24 countries and the European Union.
How will the customs tariff be done under CUSMA
Earlier this week, the Trump administration official told CBC News that the threat of 35 percent customs tariffs on imports from Canada would not apply to the goods that comply with the Canada-Mexico (CUSMA).
President It was published about 35 percent of social fees on the social truth. The official said that they are expected to be applied to the goods that reach the tariffs of 25 percent.
It is expected that the American definitions on potash and energy will remain 10 percent. However, no final decisions were made by Trump.
At an oval office meeting with Prime Minister Mark Carne, US President Donald Trump accused the former Treudo government of trying to benefit from the Free Trade Agreement and the United States of America, although the deal is “good for all countries”, but it will be soon. Carney said the deal is the basis for the broader negotiation and some things will have to change.
The European Union’s chief trade negotiator said earlier this week that a commercial deal to avoid high definitions on European goods imported to the United States can be reached “even in the coming days.”
On Wednesday, Marus šefčovi from the European Union in Strasbourg said on Wednesday that the European Union had survived the increasing definitions received in the messages that Trump sent on Monday and that the extension of the talks would provide “additional space to reach a satisfactory conclusion.”
The mass collectively sells the United States more than any other country. American goods imports from the European Union amounted to $ 553 billion in 2022, according to the American Trade Representative Office.
Insight look Trump messages
On April 2, Trump suggested a 20 percent tariff for European Union commodities and threatened to raise this to 50 percent after negotiations did not move at the speed he wanted. Šefčovič did not mention any tariff characters.
The higher definitions were suspended as well as any revenge of the European Union with the negotiation of both sides. However, the basic rate of 10 percent for most trade partners, in addition to the rates of 25 percent on cars and 50 percent on steel and aluminum, came into effect.
Douglas Holtz Ecin, former director of the budget office and head of the American Labor Forum in the center, said Trump’s messages were evidence that dangerous commercial talks have not taken place during the past three months. He stressed that the countries were talking instead among themselves about how to reduce their exposure to the American economy and Trump.
“They spend time talking to each other about the shape of the future, and it has been excluded.”
He added that Trump was using messages to demand attention, but “in the end, these are messages to other countries about the taxes that he would attend on his citizens.”
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