Hey folks, global trade just got a plot twist! U.S. President Donald Trump has warned of a 30% tariff on imports from Mexico and the EU starting August 1 after negotiations hit a major roadblock.
Trump’s letters—posted on his social media platform, Truth Social—accuse Mexico of not doing enough to stop cartel activities and curb illegal immigration, while the EU is called out for its trade barriers that have led to imbalances. As he put it, "Our relationship has been, unfortunately, far from reciprocal."
European Commission President Ursula von der Leyen responded by saying the EU remains ready for talks and will take necessary steps to protect its interests, even hinting at countermeasures if needed. Meanwhile, Mexico’s Ministry of Economy described the approach as unfair, insisting that ongoing negotiations must lead to a better deal.
This trade showdown is stirring up global supply chains—a hot topic for tech-savvy and globally aware young pros navigating a fast-paced world. Stay tuned for more updates as this story evolves! 💡🌏
Reference(s):
Trump threatens 30% tariffs on EU, Mexico amid trade tensions
cgtn.com
