Trump, European Union and Mexico
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The European Union has decided to hold off on imposing retaliatory tariffs on U.S. goods that were set to begin Monday.
The EU paused planned countermeasures against the US after Trump delayed a tariff hike. But a new 30% rate has the bloc considering retaliation.
Some investors and economists have also noted Trump's pattern of backing off his tariff threats. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider,
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
German Finance Minister Lars Klingbeil said on Sunday the European Union must take "decisive" measures against the United States if tariff negotiations fail to cool an escalating global trade war.
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