New York Verve
  • Market
  • Investing
  • World
  • Technology
  • Politics
  • Health
No Result
View All Result
SUBSCRIBE
New York Verve
  • Market
  • Investing
  • World
  • Technology
  • Politics
  • Health
No Result
View All Result
New York Verve
No Result
View All Result
Home News

EU and Mexico Condemn Trump’s Proposed 30% Tariffs, Warn of Retaliation

by NY Verve
in News, World
Reading Time: 2 mins read

The European Union (EU) and Mexico have sharply criticized U.S. President Donald Trump’s proposal to impose a 30% tariff on their exports to the United States starting August 1, describing the move as unfair and provocative.
Mexico denounced the tariff threat as an “unfair deal,” firmly asserting that its national sovereignty is “non-negotiable.” Meanwhile, European Commission President Ursula von der Leyen warned that the EU would respond with “proportionate countermeasures” if necessary. Despite the tough rhetoric, both the EU and Mexico emphasized their willingness to continue negotiations with Washington.
President Trump has stated that any retaliatory tariffs from U.S. trading partners would trigger even steeper duties from his administration, escalating the potential for a full-blown trade conflict.
In a letter addressed to von der Leyen on Friday, Trump wrote:
“We have had years to discuss our trading relationship with the European Union and have concluded that we must move away from these long-term, large, and persistent trade deficits, engendered by your tariff and non-tariff policies and trade barriers. Our relationship has been, unfortunately, far from reciprocal.”
The tariff threat against the EU and Mexico is part of a broader trade offensive. This week, Trump also announced new import duties on goods from Japan, South Korea, Canada, and Brazil, all set to take effect next month.
In a Fox News interview aired Saturday, Trump acknowledged that some countries are “very upset now,” but claimed the tariffs are bringing “hundreds of billions of dollars” into the U.S. economy.
The EU has long been a target of Trump’s trade policies. On April 2, he proposed a 20% tariff on goods from the bloc, later threatening to raise that to 50% as trade negotiations stalled. Talks between Washington and Brussels aimed at avoiding further escalation had aimed for a breakthrough before a July 9 deadline, but no progress was announced.
In 2024, the U.S. trade deficit with the EU reached $235.6 billion (€202 billion; £174 billion), according to the U.S. Trade Representative.
Von der Leyen reiterated that the EU remains committed to diplomacy, stating:
“We remain ready to continue working towards an agreement by August 1. However, we will take all necessary steps to safeguard EU interests, including adopting proportionate countermeasures if required. Few economies in the world match the EU’s openness and commitment to fair trading practices.”
The EU’s 27 member states have expressed a unified hope of reaching a trade deal with Washington before the proposed tariff deadline.

NY Verve

NY Verve

New York Verve captures the soul of the world’s most iconic city — where ambition meets artistry, and skyscrapers house both dreams and dynasties. From Wall Street to Fashion Week, we spotlight the moguls, creators, and culture-shapers redefining power and prestige in the Big Apple.

Recommended For You

Fed Governor Lisa Cook Defies Trump’s Resignation Demands Amid Mortgage Fraud Allegations

by NY Verve
August 21, 2025
0
Fed Governor Lisa Cook Defies Trump’s Resignation Demands Amid Mortgage Fraud Allegations

Federal Reserve Governor Lisa Cook has firmly rejected calls to resign following allegations of mortgage fraud, stating she will not be “bullied” by political pressure from former President...

Read moreDetails

Kremlin Downplays Peace Talks as Trump Questions Putin’s Intentions

by NY Verve
August 20, 2025
0
Kremlin Downplays Peace Talks as Trump Questions Putin’s Intentions

The Kremlin has tempered speculation over a potential peace summit between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky, following renewed calls by U.S. President Donald Trump...

Read moreDetails

Unlocking Antarctica’s Secrets: How Mud Cores Reveal Climate and Ocean Changes

by NY Verve
August 19, 2025
0
Unlocking Antarctica’s Secrets: How Mud Cores Reveal Climate and Ocean Changes

In one of the most remote and inhospitable regions on Earth, a group of international scientists has undertaken a daring mission: extracting tubes of mud from the Antarctic...

Read moreDetails

Qantas Fined Record A$90 Million for Illegal Worker Layoffs During Pandemic

by NY Verve
August 18, 2025
0
Qantas Fined Record A$90 Million for Illegal Worker Layoffs During Pandemic

Australia’s largest airline, Qantas, has been handed a record-breaking fine of A$90 million (£43m; $59m) by the Federal Court for unlawfully laying off over 1,800 ground workers during...

Read moreDetails

Zelensky Urges Ceasefire as Trump Pursues Direct Peace Deal with Russia

by NY Verve
August 17, 2025
0
Zelensky Urges Ceasefire as Trump Pursues Direct Peace Deal with Russia

Ukrainian President Volodymyr Zelensky has warned that Russia’s ongoing refusal to agree to a ceasefire is obstructing efforts to end the war, just days ahead of a high-stakes...

Read moreDetails
Next Post
Trump to Join King Charles at Windsor for Historic Second State Visit

Trump to Join King Charles at Windsor for Historic Second State Visit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

“I Looked Into His Eyes Before He Blew Himself Up”: A Survivor’s Haunting Memory of 7/7

“I Looked Into His Eyes Before He Blew Himself Up”: A Survivor’s Haunting Memory of 7/7

July 6, 2025
Hamas Signals Willingness for Gaza Ceasefire Talks as Civilian Deaths Surge

Hamas Signals Willingness for Gaza Ceasefire Talks as Civilian Deaths Surge

July 5, 2025
Death Cap Deception: Inside Australia’s Gripping Mushroom Murder Trial

Death Cap Deception: Inside Australia’s Gripping Mushroom Murder Trial

July 7, 2025

Browse by Category

  • Business
  • Crypto
  • Earth
  • Health
  • Investing
  • Lifestyle
  • Market
  • News
  • Politics
  • Technology
  • Uncategorized
  • War
  • World
  • Market
  • Investing
  • World
  • Technology
  • Politics
  • Health

© 2025 - New York Verve

No Result
View All Result
  • Market
  • Investing
  • World
  • Technology
  • Politics
  • Health

© 2025 - New York Verve

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?