Trump Plans 30% Tariffs on EU, Mexico Sparks EU Retaliation Threats

US President Donald Trump has escalated the trade war by threatening to impose 30% tariffs on imports from Mexico and the European Union starting August 1, prompting strong reactions from European leaders. European Commission President Ursula von der Leyen emphasized the EU's commitment to negotiating a deal before the deadline but warned that the EU would adopt proportionate countermeasures if necessary to protect its interests. French President Emmanuel Macron condemned the tariffs and urged the EU to prepare credible and resolute retaliatory measures, including utilizing the EU's Anti-Coercion Instrument. German and Spanish officials also called for pragmatic negotiations to avoid further economic harm, highlighting the tariffs' potential to disrupt supply chains, increase costs, and damage industries on both sides of the Atlantic. The EU has expressed unity and readiness to defend its economic interests while continuing efforts toward a negotiated resolution. These developments reflect ongoing tensions over the US trade deficit with the EU and underscore the risks of escalating tariff measures.