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Pres. Trump announces 30% tariffs on EU & Mexico
President Trump unveiled new 30% tariffs in letters to European Commission President Ursula von der Leyen and Mexico?s President Claudia Sheinbaum. Trump said that if the EU or Mexico retaliates with higher tariffs, ?then, whatever the number you choose to raise them by, will be added on to the 30% that we charge.? However, Trump says that there will not be tariffs on goods from the EU if the 27-member bloc, or companies within the EU, decide to build or manufacture products within the United States.