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US to raise tariff rate on EU goods to 30% from 1 August, EU open to talks but ready to respond
The European Commission responded to Trump's announcement in a written statement, saying it remains ready to reach an agreement, while also taking "necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures."
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President Trump has announced sweeping 30% tariffs on imports from the European Union and Mexico, igniting fresh trade tensions. Starting August 1, key sectors like auto parts, electronics, agriculture, and pharmaceuticals could see massive price hikes. The EU had hoped for a trade deal, but escalating tariffs now threaten negotiations. With over 60% of U.S. vegetables and 71% of drywall materials coming from Mexico, American households could see grocery and construction costs soarâup to $1,200 more annually. Retaliatory tariffs from affected countries may soon follow.
#TrumpTariffs #TradeWar #EUTariffs #MexicoTariffs #USPolitics #TariffShock #AmericaFirst #SupplyChain #ImportCosts #TrumpNews #GlobalTrade #ConsumerPrices #EconomyWatch #TariffImpact #AutoIndustry #GroceryPrices #ConstructionCosts #MexicoExports #EUTensions #USMexicoTrade #EUUSRelations #TariffBacklash #EconomicPolicy #USConsumers #ExportCrisis #GlobalMarkets #TrumpAgenda #PharmaTariffs #AgricultureCosts #TradeTensions #PriceHikes
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Weeks after Trump boasted of obliterating Iranâs nuclear program, a New York Times report raises major doubts. Israeli officials claim parts of Iranâs 60% enriched uranium stockpile survived U.S. airstrikes in June. The uranium, reportedly buried too deep at Isfahan, may remain intact and inaccessible. While the U.S. says centrifuges were likely destroyed, satellite imagery suggests otherwise. With IAEA inspectors blocked, uncertainty looms. Trumpâs âMidnight Hammerâ may not have delivered a fatal blow, casting doubt on U.S. intelligence and raising fears about Iranâs nuclear future.
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President Donald Trump lashed out at a reporter during a Texas flood roundtable, calling the question about lack of early warnings âvery evil.â Visiting Central Texas following massive flash floods that left over 100 dead, Trump praised FEMA and Governor Greg Abbottâs response team, pledging swift federal aid. The Texas âFlash Flood Alleyâ region suffered rapid water surges, catching communities unprepared. Trump claimed âfully funded within minutesâ and commended responders. He reiterated that such rapid flooding was unprecedented, dismissing criticisms. Republican Rep. Chip Roy defended him, calling the question âridiculous.â Trump also avoided answer on future FEMA role. With casualties including at least 27 campers in Kerr County, the event highlighted his administration's partnership with Texas officials. His remarks stirred controversy over leadership tone and disaster preparedness in face of growing climate disasters.
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