Donald Trump says he’ll impose 30 per cent 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. The European Commission says the EU will impose counter-measures if necessary. On Mexico, 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. With analysis from Kimberly Clausing, Professor of Tax Law and Polic at the UCLA School of Law.
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