Trump threatens 30% tariffs on EU and Mexico imports; Leaders call for negotiations

US President Donald Trump has threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, escalating the ongoing trade war.

In response, both the EU and Mexico criticized the tariffs as unfair and disruptive, vowing to continue negotiations for a broader trade deal before the August deadline.

French President Emmanuel Macron condemned the threat, urging the EU to defend European interests and prepare countermeasures if an agreement is not reached by August 1.

European Council President Antonio Costa emphasized the negative impact of tariffs on inflation and economic growth, advocating for strong trade partnerships.

Spanish Prime Minister Pedro Sanchez and Germany's economy minister also expressed opposition to the tariffs, calling for pragmatic negotiations with the US.

President of the European Commission Ursula von der Leyen affirmed the EU's commitment to dialogue and partnership while preparing to safeguard EU interests with countermeasures if necessary.

Mexico denounced Trump's tariff threat as an 'unfair deal,' emphasizing ongoing negotiations to protect businesses and jobs from the potential impact of the tariffs.