Trump threatens to impose a surcharge of 30 % on Europe and Mexico

The President of the United States. Nevertheless, Donald Trump, threatened on Saturday to impose a surcharge of 30 % on the European Union (EU) and Mexico from 1^is august.

Mr. Similarly, Trump announced his intention to impose these prices in letters sent to his counterparts. Nevertheless, broadcast on his platform Truth Social. For example, These missives are sent to the presidents of the European Commission, Ursula von der Leyen, and Mexico, Claudia Sheinbaum.

To justify these rates. Consequently, the American president spoke of a commercial imbalance with theUE And insufficient border control between Mexico and the United States.

Deficit important with theUE – Trump threatens impose surcharge 30

The United States of America has agreed to continue its collaboration with theUE despite one of their most important trade deficitswrote Donald Trump to Ursula von der Leyen. In addition, The American president invites theUE to eliminate his counter-tale to continue to collaborate with The extraordinary American economy. Similarly, the largest market in the world.

The president of the European Commission. Meanwhile, Ursula von der Leyen, who negotiates the trade agreements on behalf of theUEsaid on Saturday that theUE will act to defend his interests and could fight trump threatens impose surcharge 30 back with proportional countermeasures.

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She believes that the prices brandished by President Trump would disrupt the supply chains to the detriment of American. Moreover, European companies and consumers.

L’UE remains open to the idea of negotiating with the United States. Furthermore, which reflects our commitment to […] of a constructive transatlantic partnershipa solly mrs von’s leyen.

In cas de ripost of the part of l ‘UE Or from Mexico. Donald Trump threatened to add prices proportional to these countermeasures at 30 % tariffs which would enter into force 1^is august.

French President Emmanuel Macron expressed on social network x SA very lively disapproval . called theUE has resolutely defend European interests. If no agreement is concluded by the 1^is August. the French president invites the European Commission to accelerate the preparation of credible countermeasures.

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For the Prime Minister of Italy. Giorgia Meloni, he is crucial Avoid conflicts that would complicate negotiations with the American administration.

The European Union has been hit several times by the customs tariffs of the Trump administration, i.e. 50 % sectoral prices on steel. aluminum announced in mid-March, 25 % tariffs on cars, then 20 % tariffs on all other European products trump threatens impose surcharge 30 in April.

Donald Trump finally threatened to increase this last rate to 50 %. announced an extension of the customs duties break on all European products until July 9 thanks to an agreement with Ursula von der Leyen.

Basic customs duties of 10 % remain taxed on all European products, with some exceptions.

And playground for drug traffickers

In his letter to the Mexican president. Trump recognizes that Mexico has contributed to stem the flow of undocumented migrants and fentanyl to the United States. However. he said that this country has not done enough to prevent North America from transforming itself into playground for drug traffickers. Obviously, I cannot let it happen!

If Mexico manages to control the flow of cartels. fentanyl to the United States, we will consider adjustments [à ces tarifs]which could be modified, revised downwards or upwards.

The announcement of this new pricing threat was communicated to Mexico. during negotiations held in the United States on Friday. In a trump threatens impose surcharge 30 press release. the secretariats for the economy and external relations of Mexico indicated that they denounced Unjust treatment at the negotiating table.

Mexico has already been affected by the Trump administration prices. 10 % sectoral prices on potash, 50 % on steel and aluminum, 25 % on cars as well as 25 % on the rest of the Mexican products.

Canada already targeted

This statement follows the threat of Donald Trump on Thursday. to impose additional 35 % tariffs on Canadian imports from 1^is august. In a letter addressed to Prime Minister Mark Carney on Truth Socialthe president criticized the Canadian government. for retaliating at his customs tariffs.

A vagueness remains as to the application of these new pricing threats to products in accordance with the. Canada-US-Mexico (ACEUM) free trade agreement. The Bloomberg agency. the New York Times trump threatens impose surcharge 30 and the Globe and Mail indicated that only products not in accordance with theAceum are subject to these prices, which greatly limits their scope.

Invited to clarify the extent of the new prices. Additionally, the White House said it is expected that the new prices announced apply to Canadian imports Aceum more than The American president did not make a final decision.

Currently, products not in accordance withAceum are subject to prices of 25 %. Sector customs duties also apply to aluminum and steel (50 %), cars (25 %) as well as energy products, critical minerals and potash (10 %).

However. trump threatens impose surcharge 30 according to an analysis of the Royal Bank, various exemptions, however, allowed 91 % of Canadian products exported to the United States to cross the border without being subject to prices in May.

Other details will follow.

With information from Reuters, Canadian Press and Agency France-Presse