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    Home»Trending News»US tariffs on Mexico to be paused for a month, Trump says
    Trending News

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

    The Daily FuseBy The Daily FuseFebruary 3, 2025No Comments2 Mins Read
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    US tariffs on Mexico to be paused for a month, Trump says
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    Talking in Washington on Sunday after getting 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 nearly nothing and we take every part from them,” he advised reporters.

    EU leaders assembly at a casual summit in Brussels on Monday stated Europe could be ready to battle again if the US imposes tariffs, but in addition known as for purpose and negotiation.

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

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

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

    The US is the EU’s largest commerce and funding associate. Based on the Eurostat knowledge from 2023, the USA 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 companies.

    EU international coverage chief Kaja Kallas stated there have been no winners in a commerce conflict, and if one broke out between Europe and the USA, “then the one laughing on the facet is China”.



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