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Bridgewater, Jul 12 (AP) President Donald Trump on Saturday announced he's levying tariffs of 30 per cent against the European Union and Mexico.
Trump announced the tariffs on two of the United States' biggest trade partners in letters posted to his social media account.
In his letter to Mexico's leader, Trump acknowledged that the country has been helpful in stemming the flow of undocumented migrants and fentanyl into the United States.
But he said the country has not done enough to stop North America from turning into a “Narco-Trafficking Playground.” (AP) GSP
Tariffs imposed on EU and Mexico, commencing in August, citing migration control and narcotics trafficking concerns. Imposition of tariffs as a unilateral trade measure: a presidential announcement levies 30% tariffs against the European Union and Mexico to take effect on August 1, framed as a regulatory trade action affecting customs duties. The announcement cites national-security and border-control reasons, acknowledging Mexico's assistance on migration and fentanyl yet asserting insufficient action to prevent narcotics-trafficking, thereby linking the tariff measure to enforcement and bilateral trade relations.Press 'Enter' after typing page number.