Trump Threatens Mexico, EU
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President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on August 1.
The European Union braced on Friday for a possible letter from U.S. President Donald Trump outlining planned duties on the United States' largest trade and investment partner after a broadening of his tariff war in recent days.
British Home Secretary Yvette Cooper said Friday she expected Brussels to back a new so-called "one-in, one-out," deal with France aimed at curbing the number of migrants crossing the English Channel in small boats.
European Commission President Ursula von der Leyen survived a no-confidence vote in the European Parliament on Thursday, brought by mainly far-right lawmakers who alleged she and her team undermined trust in the EU through unlawful actions.
Brussels will propose a new tax on companies with a net turnover exceeding 50 million euros ($58.44 million) as part of an effort to generate new financing streams for the European Union’s common budget,
Among the most controversial commitments that the EU is asking companies like Google, Meta, and OpenAI to voluntarily make is a promise to never pirate materials for AI training.
NEW YORK (Reuters) -Investors awaited tariff news between the U.S. and European Union on Friday that could add a potentially volatile development to the end of a week in which President Donald Trump reignited his global trade war.