Donald Trump says he'll impose 30 percent tariffs on imports from the EU and Mexico starting next month. This after weeks of negotiations with Brussels failed to reach a comprehensive trade deal. Trump blamed ''long-term and persistent trade deficits'' with the EU, despite average EU tariffs on US goods of only around one percent. The European Commission says the EU will impose counter-measures if necessary. On Mexico, which has had free trade with the US for decades, Trump says the government has not done enough to curb cross-border drug trafficking. Trump made similar tariff threats against dozens of other trading partners ealier this week. 00:00 Trump threatens 30% tariffs on EU and Mexico 00:43 DW speaks with Inga Fechner, senior economist for Germany and global trade at ING bank For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #Tariffs #Trump #EU
How might the EU respond to Trump's 30% tariff threat? | DW News
7 std vor
Donald Trump says he'll impose 30 percent tariffs on imports from the EU and Mexico starting next month. This after weeks of negotiations with Brussels failed to reach a comprehensive trade deal. Trump blamed ''long-term and persistent trade deficits'' with the EU, despite average EU tariffs on US goods of only around one percent. The European Commission says the EU will impose counter-measures if necessary. On Mexico, which has had free trade with the US for decades, Trump says the government has not done enough to curb cross-border drug trafficking. Trump made similar tariff threats against dozens of other trading partners ealier this week. 00:00 Trump threatens 30% tariffs on EU and Mexico 00:43 DW speaks with Inga Fechner, senior economist for Germany and global trade at ING bank For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #Tariffs #Trump #EU
