Donald Trump Slaps 30% Tariff On EU, Mexico
Trade tensions between the U.S. and Europe are heating up fast. President Trump has announced a looming 30% tariff on most European imports, set to kick in August 1st. But the European Union isn't rushing to retaliate just yet. Instead, EU Commission President Ursula von der Leyen is hitting the brakes, extending the pause on countermeasures until early August - hoping cooler heads prevail and a deal can be struck. Germany is calling for calm and practical solutions, while France wants a tougher stance, warning of serious damage to its key industries, like cheese exporters who could face huge losses. Both sides are still locked in talks, but the clock is ticking - and if no deal is reached, the EU is ready to strike back hard.
