4 hours ago
2
BBC
President Donald Trump has announced that the European Union and Mexico will face a 30% tariff on imports to the US from 1 August.
He warned he would impose even higher import taxes if either of the US trading partners decided to retaliate.
The announcement was made in two letters posted on Trump's Truth Social website. Similar letters were sent this week to several other countries.
The 27-member EU - America's biggest trading partner - said earlier this week it hoped to agree a deal with Washington before 1 August.
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