The European Union and Mexico have strongly condemned U.S. President Donald Trump’s threat to impose 30% tariffs on their exports starting August 1, calling the move aggressive and unjustified.
Mexico decried what it described as an “unfair deal,” with its government declaring that the country’s sovereignty is “non-negotiable.” In Brussels, European Commission President Ursula von der Leyen warned that the EU was prepared to implement “proportionate countermeasures” if the U.S. follows through with the tariffs.
Despite the tough talk, both Mexico and the EU expressed a willingness to continue trade negotiations with Washington.
President Trump, however, doubled down, saying even steeper import taxes could be introduced if either country retaliated.
Recall that earlier this week, Trump also announced new tariffs on a range of goods from Japan, South Korea, Canada, and Brazil, triggering fresh global concerns over escalating trade tensions.
