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Evening Standard
Evening Standard
World
Jacob Phillips

Donald Trump ramps up trade war with threats of 30% tariffs on EU and Mexico

US President Donald Trump speaks to the press on Friday - (AFP via Getty Images)

President Donald Trump has announced the European Union and Mexico will be hit with 30% tariffs on imports to the US from August 1, after he failed to reach a trade deal with the nations.

Trump’s latest salvo on Saturday surprised the EU, the United States' largest trading partner, which had hoped to avoid an escalating trade war after intense negotiations and increasingly warm words from the White House.

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