Categories: Social Media News

Trump announces 30% tariffs against EU, Mexico to begin Aug. 1

BRIDGEWATER, N.J. (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could cause massive upheaval between the United States and two of its biggest trade partners.

Trump detailed the planned tariffs in letters posted to his social media account. They are part of an announcement blitz by Trump of new tariffs aimed at allies and foes alike, a bedrock of his 2024 campaign that he said would set the foundation for reviving a U.S. economy that he claims has been ripped off by other nations for decades.

ARTICLE CONTINUES BELOW
Social Media Asia Editor

Recent News

Who Is Jiang Xueqin? Chinese-Canadian Educator And Host Of The YouTube Channel ‘Predictive History’ Goes Viral For THIS Shocking Prediction On US-Iran War

Jiang Xueqin: A Chinese-Canadian educator has gone viral online after a year-old lecture predicting a…

3 hours ago

Chamath Palihapitiya Says Elon Musk’s ‘X Money’ Could Turn Social Profiles Into ‘Crucial Financial Asset’

Silicon Valley investor Chamath Palihapitiya is signaling a massive shift in the global financial landscape,…

3 hours ago

Voting peaceful in first Nepal election since September youth-led protests

KATHMANDU, Nepal (AP) — Voting was peaceful Thursday in Nepal's first nationwide election since a…

3 hours ago

Voting peaceful in first Nepal election since September youth-led protests

KATHMANDU, Nepal (AP) — Voting was peaceful Thursday in Nepal's first nationwide election since a…

3 hours ago

Nurturing bonds that are enduring: The Fukushima Society in Perth

LISTEN TONurturing bonds that are enduring: The Fukushima Society in PerthSBS Japanese13:58JapaneseListen to SBS Japanese…

4 hours ago

Trump’s Iran war may work out well in the long run

Richard Hanania is president of the Center for the Study of Partisanship and Ideology, which…

4 hours ago