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    US tariffs on Mexico to be paused for a month, Trump says

    Team_NewsStudyBy Team_NewsStudyFebruary 3, 2025 Trending News No Comments2 Mins Read
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    Talking in Washington on Sunday after coming back from his Mar-a-Lago property, Trump indicated that the 27-nation European Union would be next in the firing line, however didn’t say when.

    “They do not take our automobiles, they do not take our farm merchandise. They take virtually nothing and we take the whole lot from them,” he advised reporters.

    EU leaders assembly at an off-the-cuff summit in Brussels on Monday mentioned Europe can be ready to struggle again if the US imposes tariffs, but additionally known as for motive and negotiation.

    Arriving on the talks, French President Emmanuel Macron mentioned if the EU had been attacked in its industrial pursuits it must “make itself revered and thus react”.

    Chancellor Olaf Scholz of Germany mentioned the bloc might reply if vital with its personal tariffs towards the US, however careworn it was higher for the 2 to seek out settlement on commerce.

    Trump hinted that Britain, which left the EU in 2020, is likely to be spared tariffs, saying: “I feel that one will be labored out”.

    The US is the EU’s largest commerce and funding companion. In response to the Eurostat information from 2023, america had a deficit of 155.8 billion euros (US$161.6 billion) with the EU within the commerce of products, offset by a surplus of 104 billion euros in providers.

    EU international coverage chief Kaja Kallas mentioned there have been no winners in a commerce struggle, and if one broke out between Europe and america, “then the one laughing on the aspect is China”.



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